Auditing News

• July 29, 2021 BDO Replaces KPMG as the New Auditor of Caledonia Investments Caledonia Investments plc has replaced the Big Four firm KPMG with audit and accountancy firm BDO as its new external auditor.  The investment company’s decision to appoint BDO as its new auditor comes after i ...
• June 26, 2021 Rentokil Replaces KPMG with PwC as its Auditor Listed pest control company Rentokil has dropped the Big Four Firm KPMG as its auditors only after four years since the last audit tender. KPMG had been Rentokil’s auditor since 2009, and the audit firm was reappointed i ...
• May 24, 2021 IAASB Issues Revised Work Plan for the Remainder of 2021 The International Auditing and Assurance Standards Board (IAASB), after consultations with the Public Interest Oversight Board, has issued a revised plan for the remainder of the current year. The IAASB has ...
• April 6, 2021 BDO Replaces Deloitte as Auditors of Warehouse REIT Warehouse REIT, a specialist warehouse investor, has confirmed the appointment of BDO as its new auditor for the financial year ending March 31, 2022. The decision of appointing BDO as the company’s new external a ...
• January 13, 2021 Petrol Giant EG Group Appoints KPMG as its New Auditor The Big Four Firm Deloitte has resigned from its position of external auditor to EG Group, the company set up by the Issa brothers who recently purchased Asda Stores Limited, and is to be replaced by another Big Four ...
• January 13, 2021 M&G Decides to Appoint PwC as its External Auditor Britain based Investment manager M&G has decided to appoint PwC as its new external auditor thus replacing KPMG which had been the firm’s statutory auditor since 1999 M&G is a well-known investment manager t ...
• October 18, 2020 Top 10 Audit Firms in Dubai – United Arab Emirates In the present world, auditing has become one of the essentials of every company, big or small. Being a business enterprise in Dubai means you’re operating in one of the top industrial hubs of the WORLD. This puts more p ...
• August 31, 2020 Audit Fees for FTSE 100 Companies Hit £911m Fees for audit services at FTSE 100 companies reached a new high, totaling to £911m in 2019 compared to £892m in 2018. This increase in audit fees is mainly due to pressure exerted on firms by regulators and clients to i ...
• August 29, 2020 PwC Declines Proposed Audit Role at Russian Gold Mining Company PwC has recently announced that it will not be able to accept its proposed appointment as external auditor to the Russian gold mining company Petropavlovsk, citing governance issues. The big four firm was selected ...
• March 4, 2020 BDO Replaces KPMG as the Logistics Firm External Auditor A logistics management specialist Wincanton has replaced KPMG with BDO as its new external auditor for the financial year ending March 31, 2021. The decision of appointing BDO as the company’s new external auditor r ...