A SHIFT-AROUND at the top end of the AIM audit market has seen KPMG take over from PwC as the auditor with the most clients.
KPMG now has 25 AIM 100 audit clients, a net gain of three, while PwC has slipped to second place with 24 clients, from 25, according to the latest AIM Adviser Rankings Guide.
However, BDO retains its position of the most number of AIM clients, with 163, a net gain of two. PwC retains the top ranking by client market cap, with £18.3bn. KPMG’s AIM audit clients are worth £16bn by market cap.
Smith & Williamson entered the rankings for both AIM 100 (two clients) and AIM UK 50 (one client). The firm has 25 AIM audit clients in total.
Richard Crump discusses the week's news
BDO relinquishes Benchmark audit after 15 years
Greg Tufnell, brother of former England cricketer and TV personality Phil, is reportedly leading the bid by Richess Group to secure control of retailer
Bernadine Burnell will lead challenger bank's internal audit function