BDO Stoy Hayward has won the audit work of Southampton Football Club from the
clutches of Deloitte.
Stuart Lisle, tax partner at BDO, told Accountancy Age that the win
was ‘indicative’ of the firm’s strategy of winning larger and more prestigious
clients from the Big Four.
But he denied that BDO was looking to win audit work and then provide
added-value services to its clients.
‘Our audit quotes are not designed to get higher margin work,’ said Lisle.
Lisle, who advised Southampton on tax for Deloitte in the past, added that he
expected BDO to hold the audit for at least three years before Southampton FC
Deloitte is reported to have served as the club’s auditors for the past seven
UK senior partner Phil Verity has been elected for a second term at Mazars
An audit partner has been appointed at Grant Thornton in its North West offices
KPMG has been appointed with “immediate” effect as the auditor of Dorcaster
The audit for Ibstock will be taken over by Deloitte following a competitive tender process