Up until 1989, there existed “the Big Eight” accountancy firms namely the eight major international accountancy firms, Arthur Young (AY), Ernst & Whinney (EW), Deloitte Haskins & Sells (DHS) ,Touche Ross (TR), Price Waterhouse, Coopers and Lybrand, Arthur Andersen and KPMG. At present, there...

After the financial crisis of 2006-2007, a lot has been said in the U.S. as well as in Europe, about the main reasons that led to one of the most tragic global economy depressions of the century.In the management of such a context, the efficiency of administrative bank oversight and banking...