A group of CFOs from the FTSE 100 companies have demanded that big four firms Deloitte, EY, KPMG and PwC cut costs rather than raising the price of audits, reported the Financial Times today. The 100 Group has sent a letter to the big four arguing that the firms should not be passing on costs in the form of higher audit fees to FTSE 100 companies at a time of high inflation. Audit partners at big four firms have responded by stressing that the CFOs do not commission their work.