Experts have raised concerns over why the big4 Auditors (Price WaterhouseCoopers, Deloitte, EY and KPMG) were unable to detect and prevent several high-profile corporate collapses and fraud schemes in recent years. A public survey shows, they want auditors to play a bigger role, including helping to prevent corporate collapses, environmental, social and governance [audits], business strategy and tackling fraud.

https://www.pymnts.com/news/b2b-payments/2019/corporate-audit-accounting-fraud-big-four/