PwC retains FTSE 100 audit lead as KPMG climbs 250 rankings
PWC continues to dominate the FTSE 100 with 40 clients, almost double the number of nearest rival KPMG at 24, although Deloitte added a brace of new clients to its books, according to the latest statistics from Adviser Rankings.
Fourth placed EY announced it would be Sainsbury’s new auditor from 2016 after the UK grocer said that PwC had passed its sell-by date after a 20 year relationship with the supermarket.
In the FTSE 250, KPMG emerged as the leading audit firm after knocking Deloitte off the number one spot having secured an extra four clients to take it to 72 firms, while PwC retained its position in third, adding two more audit wins to take its count to 60.
EY lost three clients to take its client count to 42, but still retained fourth place.
On AIM, BDO added four new audit wins to take it to 158 clients and retain its lead, while KPMG’s added three more accounts to knock Grant Thornton off second place and amass 151 clients.
PwC remained front runner in the small-cap/fledgling stakes with 99 clients – up one from last quarter, while EY displaced KPMG and moved up from third into second with 79 audit accounts.
Taking the stock market as a whole, PwC – despite winning six new remits to take its total to 366 – retained its second place spot behind KPMG with 399 clients. PKF Littlejohn moved up two spots to 13th place with 17 clients.
Source: accountancyage – PwC retains FTSE 100 audit lead as KPMG climbs 250 rankings
