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Accounting firms that provide both audit and non-audit services offer positive benefits in the market, according to a new study from a trio of international accounting organizations that aims to counter regulatory calls abroad to make far-reaching changes in the way Big Four firms do business.

The report, Audit Quality in a Multidisciplinary Firm, from the Chartered Accountants Australia and New Zealand (CA ANZ), the Association of Chartered Certified Accountants (ACCA) and the International Federation of Accountants (IFAC), argues that “the presence of multidisciplinary firms in a large and evolving corporate reporting system fills a valuable market need.”

The study contends that the current rules “mitigate risks associated with audit firms providing non-audit services to some audit clients.”