What reasons can you think of to account for the trend

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Question: More companies are choosing to abandon the Big Four Accounting firms as their auditors. Let me pose two questions to discuss (feel free to add more items):

What reasons can you think of to account for this trend?

What's the down side - if any - to abandoning the Big Four?

Will the Big Four be able to stem the flow of defections? According to CFO.com, they claim to be doing so.

Reference no: EM131956650

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