The company, which includes US subsidiary Fox Entertainment, made the announcement today after the Australian Securities and Investment Commission granted permission for Newscorp to replace the rapidly-disappearing firm.
Ironically, Newscorp has chosen Ernst & Young for its new auditor – the firm set to take over Andersen in Australia and New Zealand.
In a statement to the Australian Stock Exchange, Newscorp said the decision was not the result of any disagreements with the firm over previous audits but because of the ‘uncertain future of Andersen’s international structure’.
Yesterday Andersen UK, which has clinched a tie-up with Deloitte & Touche, said it was to shed 1,500 jobs, or about 30% of its British workforce.
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group
Rupert Guppy will be responsible for capital allowances in the southern region, and joins the firm from specialist consultancy E3 Consulting