Chris Biggs, a Partner at Theta, recently featured in an article for on the increasing pressure the Big Four are facing to improve standards after a series of book-keeping scandals in recent years.

The FRC has been pushing for a series of structural reforms to the industry including shared audit proposals to break up the alleged oligopoly of the Big Four in the sector.

At Theta Global Advisors, we do not audit and therefore remain one of the few truly independent accounting advisory firms for non-audit services.

Mid-size firms such as ours are in favour of the shake-up after the Big Four’s dominance led to a decline in the number of auditor-independent advisors. Proposals for shared audits working with the Big Four is just one way we can seamlessly diversify the sector.

Read the full article here: – Things could be much worse for Big Four if they oppose audit reforms