Letter: Accounting firm sums on pay might not add up


Another Big Four accounting firm (EY) has reported that its partners earned an average at or close to £1mn per annum (£800,000 in EY’s case).

It would be instructive to compare the average remuneration of the Big Four’s clients’ chief financial officers with the 4,000 to 5,000 UK audit partners’ earnings. Do the Big Four have such a concentration of talent or might it turn out to be simply a case of overcompensation in an imperfect marketplace?

Jeremy Wagener
Boxford, Suffolk, UK

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