The big four audit scandals: evaluation of adequacy of ethics component in chartered accountants training courses
In the Audit Industry, there are a lot of players but there is major Four firms that are mainly taken into consideration which are EY, KPMG, PWC, and Deloitte and Touche. These firms are expected to have quality standards when it comes to ethical practice and understanding as they are regarded as well-trained professionals and third-party entities. However, there seems to be a contrary standpoint as these firms are found wanting in some of the corporate scandals in which the firms were fined huge sums of money.