29 Mar 2011
KPMG HAS SIGNED A DEAL with Blackburn Rovers FC to become its auditor.
The Premier League club has dropped its contract with its previous auditor PM+M. They had been its auditor for more than 100 years, the Lancashire Telegraph reports.
Further reading
The change is just one of several handed down by new owners Indian poultry company Venky's.
Richard Ainscough, partner at PM+M, said: "When a company is acquired, it is quite normal for the auditor of the acquiring company to be appointed.
"Naturally, we are sorry to see the account go, especially because they have been with us for more than a century."
Two of Venky's representatives, Gandhi Babu and Mahesh Gupta, were brought onto Blackburn Rovers' board in January, before chairman John Williams quit after 13 years at the club.
A KPMG spokeswoman confirmed the accountant's Preston office had been hired as Rovers' auditor.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
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