PracticeAuditMid-tier snap up charity work

Mid-tier snap up charity work

Mid-tier firms are snatching charity clients from the under the noses of the Big Four.

Bold: Fears mount for charity audit

The news comes after the Charity Commission expressed fears last week that the Big Four were not committed to working for the sector’s audits. ‘There are more Big Four firms‘ charity clients out to tender than ever before,’ said Baker Tilly national director of charities Carol Sellwood.

Michelle Wilkes, head of the national charity group at Numerica, said that the firm had seen more opportunities for work over the last 12 months. ‘Some of it is because charities see the sector’s specialists outside of the Big Four, and some of it because the Big Four is turning the work down,’ she added.

Charles Cox, head of charities at PKF, said: ‘There’s plenty of work out there.’ He added there had been ‘manifestations’ that the Big Four were doing less in the sector, but pointed out that PwC seemed to have increased its charity sector offering.

PricewaterhouseCoopers and KPMG confirmed their commitment to the charity sector last week.

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