Page 24 - Auditors Article

TABLE 2

The Big Four are also often attacked for having a too close

audit working relationship with their clients – which may have

developed over many years. This relationship is sometimes

believed to have the potential to compromise audit objectivity
and tarnish independent judgement. Indeed, auditors may be

perceived as being hesitant about raising accounting and

auditing concerns if this later threatens the loss of additional

and more lucrative consultancy work from the same client.
[Stittle, J., 2018]