In the seventh annual audit fees survey by Financial Director magazine, which for the first time was expanded to include the FTSE250, the Big Four audited all but eight of the FTSE350.
The survey also found that there had been a decline in the amount of money spent on non-audit services, not surprising given the Enron-fuelled obsession with auditor independence.
It also revealed a much greater degree of transparency and disclosure in the notes on audit and non-audit fees.
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