|
|
10 Nov 2011
KPMG has succeeded Deloitte as auditor of investment trust business Caledonia Investments.
Deloitte had been auditors since 2006, but the role was put out to tender on the recommendation of Caledonia's audit committee.
Further reading
A statement from Caledonia Investments said: "Following formal proposals and presentations from three audit firms, including Deloitte, KPMG was successful in this process."
In a letter to shareholders explaining the change, Deloitte said: "The company put the audit out to tender and we were not successful in retaining it."
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
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.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment