Big Four maintain FTSE stranglehold
Big Four maintain dominance during Q2 2006 according to Hemscott
The Big Four continued to dominate the FTSE350 audit market during the three
months to 12 May 2006 and showed little sign of loosening their grip on the top
tier.
According to research by Hemscott, PwC maintained its position as the leading
auditor in the FTSE100, with more than double the number of clients of its
closest rival KPMG, which has 21 FTSE100 clients. Deloitte and Ernst &
Young held steady in the index with 18 and 17 audits respectively.
In the FTSE250 though, PwC’s lead over Deloitte was trimmed to 14, as its
client numbers fell from 82 to 77. KPMG gained three new FTSE250 clients and now
has 56 clients in the index. Ernst & Young was treading water, with 44
clients.
On AIM, Grant Thornton held on to its position as the leading auditor as it
won 12 new audits to bolster its total 154. KPMG came in at second place with
141 audits and BDO maintained third position with six audit wins for a total of
132.