However, the company said it had decided to appoint Deloitte & Touche as its new auditor – the firm which is acquiring Andersen – meaning WPP is likely to continue to be audited by the same individuals.
Shareholders will be asked to approve the decision at it’s upcoming annual general meeting.
The decision follows months of speculation about whether WPP would retain Andersen after the accounting firm’s London office was named in the Enron saga.
WPP is the latest in a long line of high-profile clients to have deserted Andersen. It is estimated some 90 companies have axed Andersen in the last week alone.
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