Small audit firms dropping like flies: Self-inflicted wounds or something else?

Borgers was not the only firm banned. The PCAOB revoked registration of at least six audit firms in 2023 and the first half of 2024. Who will do the marginal audits?

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Turmoil in small audit firms market : who is affected and what does it mean for companies and investors

When regulators ban an audit firm from doing public accounting work, its clients face a challenging and prolonged process of finding a new auditor and securing a clean bill of health for the financial reports i…