Auditing News

• 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 ...
• December 28, 2019 KPMG has Replaced PwC as the New Auditor to the Broadcaster ITV FTSE 100 firm ITV has replaced KPMG with PwC as its external auditor for the financial year ending December 31, 2021. The decision of appointing PwC as ITV’s new auditor has been taken after the media group’s aud ...
• June 28, 2019 AJ BELL Replaces KPMG with BDO as its New External Auditor FTSE 250 Firm AJ Bell has appointed BDO as its new external auditor for the financial year ending September 30, 2020 replacing the big four firm KPMG after remaining in the said position for last 10 years. AJ Bell has ...
• May 16, 2019 AIM-listed Mining Company GoldStone Switches Auditor GoldStone Resources, a mining company with projects across western Africa, has switched its auditors. The mining company announced that Liverpool based DSG Accountancy and Business Services will be replaced by its existing ...
• May 13, 2019 New Study Reveals 55% of Public Believe Auditors’ could Prevent Company failures’ As per a recent survey conducted by the ACCA, 55% of the respondents expressed that auditors are the ones who are responsible for helping companies avoid failures. 70% of the participants of the survey said that the ...