The Big Four accounting firms will face greater competition in the United Kingdom as FTSE 350 companies will be required to put their statutory audit engagement out to tender every 10 years, according to a ruling by the U.K. Competition Commission.

The Big Four accounting firms will face greater competition in the United Kingdom as FTSE 350 companies will be required to put their statutory audit engagement out to tender every 10 years, according to a ruling by the U.K. Competition Commission.
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