The reputation of the audit industry has emerged relatively unscathed from the financial crisis - at least compared to investment bankers, regulatory bodies and chief executives at bailed-out banks.rnBut the industry is facing growing pressure to change the way it operates amid claims of auditors' 'tunnel vision' and concerns about audit firms selling consultancy services to their clients.rnIn May, the Treasury select committee of MPs called for a blanket ban on audit firms selling consultancy services to clients as part of their report into the causes of the banking crisis, and the lessons to be learned from it.
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