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January 26, 2018


Michael Corcoran

Can you focus on the current independence issues.

Jim Peterson

Thanks Michael. The entire independence structure is under challenge these days from two directions -- the large firms' pell-mell growth into what is now labelled Advisory, and the issues of limited choice among the Big Four as exemplified by the criticism of PwC's engagement in the Carillion liquidation in the UK. While waiting for the dust to settle, my extended treatment is in my book, "Count Down" - see http://amzn.to/2rFeA7m

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