BBC renews KPMG audit contract

The BBC has reappointed KPMG as its auditors.

The broadcasting corporation had put the contract out to tender, sources

The BBC told Accountancy Age today: ‘We recently appointed KPMG as
auditors for a three year period, following a formal tender process. This is
subject to approval by the BBC Trust and the Secretary of State.’

2007 accounts
show that the firm made £2.3m from the audit last year,
earning £1m for the audit of the annual accounts themselves.

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