UK BIG FOUR accountants are warning listed companies of the ne to establish schemes and procedures to cope with statutory Operating and Financial Reviews (OFRs) as firms organ of sight the prospect of a five percent hike in audit give a fee tos due to the new regulations.

UK BIG FOUR accountants are warning listed companies of the ne to establish schemes and procedures to cope with statutory Operating and Financial Reviews (OFRs) as firms organ of sight the prospect of a five percent hike in audit give a fee tos due to the new regulations.

Big Four accounting firms KPMG and PricewaterhouseCoopers the one and the other welcomed the government's proposals for statutory OFR released upon 5 May. However, the firms warned that several companies have often to do to install robust enough internal theorys to cope with the modern rules in time.

The vista of additional accounting requirements befitting by next year, in addition