Non-Big Four auditing firms are gaining market share against their massive competitors as more companies turn to smaller auditors for their needs, according to the Wall Street Journal. While the Big Four still maintain a dominant position on the field, completing 92.3 percent of all audits of companies of $700 million or more, this is none the less a smaller overall portion of the market, having lost 2.4 percent market share to competitors such as BDO and Grant Thornton.
↧