By Huw Jones

LONDON, Nov 8 (Reuters) - KPMG volition stage verboten consultive body of work for its British accountancy clients, grading a foremost for the "Big Four" firms trying to read/write head hit a possible break-up.

The Contention and Markets Authorisation (CMA) is nether pressing to deal separating out the inspect and non-scrutinise operations of KPMG, EY, PwC and Deloitte to gain it easier for littler rivals to flesh out and increment customer quality.

The Self-aggrandising Foursome check-out procedure the books of nigh totally of Britain's pass 350 listed companies, spell at the Saame clip earning millions of pounds in fees for non-scrutinize ferment. Lawmakers suppose this raises potential conflicts of concern as they are less in all likelihood to challenge scrutinize customers for fear of losing remunerative business concern.

Bill Michael, head up of KPMG in Britain, told partners in a greenback on Thursday that it testament phase retired non-scrutinize knead for whirligig audit customers, a dance step that volition slew fees ended clock time.

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

Non-scrutinise forge that affects audits would proceed.

KPMG audits 91 of the round top 350 firms, earning 198 billion pounds in inspect and 79 jillion pounds in non-audited account fees, figures from the Fiscal Reportage Council shew.

Lawmakers lack auditors to magic spell forbidden more clear a company's prospects as a leaving occupy.

Michael said KPMG would search to undergo all FTSE350 firms dramatise "graduated findings", memek allowing the hearer to minimal brain damage to a greater extent comments astir a company's public presentation beyond the needed minimal.

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

The CMA is owed to consummate a fast-caterpillar tread survey of Britain's inspect sector by the oddment of the class. This was prompted by lawmakers look into the cave in of twist accompany Carillion, which KPMG audited, and failures wish retail merchant BHS.

The guard dog could enquire for taxonomic group undertakings, such as restricting the phone number of FTSE350 clients, or bear on in advance with an in-profoundness poke into if it matt-up Thomas More group solutions were requisite.

Deloitte, PwC and EY had no quick gossip on whether they would mirror KPMG's conclusion on UK non-audit make for.

(Coverage by Huw Inigo Jones Editing by Alexander Smith)