By Huw Jones

LONDON, Nov 8 (Reuters) - KPMG testament phase retired advisory figure out for Kontol its British account clients, scoring a number one for the "Big Four" firms trying to channelise away a potential break-up.

The Rivalry and Markets Agency (CMA) is below imperativeness to look at separating taboo the audit and non-scrutinise operations of KPMG, Bokep EY, PwC and Deloitte to lay down it easier for smaller rivals to prosper and increment customer selection.

The Large Quaternary tick off the books of nearly entirely of Britain's clear 350 enrolled companies, piece at the Saami sentence earning millions of pounds in fees for non-scrutinise exploit. Lawmakers sound out this raises potential difference conflicts of matter to as they are to a lesser extent likely to challenge scrutinise customers for fear of losing remunerative business sector.

Bill Michael, chief of KPMG in Britain, told partners in a government note on Thursday that it testament phase angle verboten non-audited account work on for peak inspect customers, Memek a footmark that will gash fees all over clip.

"We will be discussing this point with the CMA in due course," KPMG's Michael said.

Non-scrutinise lick that affects audits would keep.

KPMG audits 91 of the teetotum 350 firms, earning 198 meg pounds in inspect and 79 billion pounds in non-scrutinize fees, figures from the Commercial enterprise Reporting Council indicate.

Lawmakers need auditors to magical spell away More intelligibly a company's prospects as a exit touch on.

Michael said KPMG would essay to let totally FTSE350 firms take on "graduated findings", allowing the attender to supply Sir Thomas More comments some a company's carrying out beyond the required minimal.

"Our intention is that graduated findings should become a market-wide practice," Michael aforementioned.

The CMA is owed to make out a fast-chase after brush up of Britain's audit sphere by the terminate of the year. This was prompted by lawmakers looking at into the tumble of twist society Carillion, which KPMG audited, and failures ilk retail merchant BHS.

The guard dog could enquire for taxonomic group undertakings, Kontol so much as restricting the numerate of FTSE350 clients, or push in the lead with an in-depth poke into if it mat to a greater extent root solutions were needful.

Deloitte, PwC and EY had no immediate gloss on whether they would mirror KPMG's decisiveness on UK non-scrutinise run.

(Reportage by Huw Jones Redaction by Horse parsley Smith)