KPMG has become the only firm in the UK with more than 400 listed audit
clients, placing it firmly at the top of the total audit client rankings.
Data compiled over the third quarter of 2007 by Hemscott showed that KPMG had
boosted its total audit client numbers with 22 audit wins to crack the 400
PricewaterhouseCoopers won 13 new clients to hold second postion, although
its position as the leading FTSE 100 auditor means that it remains well ahead in
terms of market cap and client profit.
Other major moves were on the AIM market, where the merger between Grant
Thornton and Robson Rhodes saw GT consolidate its position as the leading
auditor on the junior market.
The tie-up with Robson Rhodes brought 43 new clients into the Grant Thornton
fold, boosting its numbers to 213.
The FTSE 350 market remained static, with the Big Four maintaining their
dominance of the market.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester