PracticeAccounting FirmsAndersen receives Airtours boost

Andersen receives Airtours boost

Under fire firm Andersen today received a boost after shareholders of package holiday giant Airtours resoundingly voted to retain its services as auditor at the company AGM.

According to Airtours, the proxy numbers for retaining the firm were 298,315,054, while those against were just 41,323,273. A further 2,772,407 abstentions were recorded at its Manchester meeting.

The shareholders agreed with its board, which sent out a resolution in early January to reappoint the firm – Andersen has been its auditor since 1996.

A spokeswoman for the holiday company, said: ‘There (was) no question of the board wanting the firm sacked.’

The boost comes just 24 hours after Andersen audit client Qwest Communications spoke highly of the firm’s past performance at a Congressional hearing.

Related Articles

Sexual harassment – is accountancy next for #MeToo?

Accounting Firms Sexual harassment – is accountancy next for #MeToo?

4d Karen Baxter, Lewis Silkin
Johnston Carmichael CEO appointed as ICAS president

Accounting Firms Johnston Carmichael CEO appointed as ICAS president

4w Emma Smith, Managing Editor
British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

1m Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

1m Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

2m Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

2m Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

2m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

3m Fergus Payne, Lewis Silkin