According to an Accenture spokesman in the UK today, the decision was taken by the consulting firm because PwC has been slower than expected in selling off its consultancy arm.
The spokesman said the decision had to be taken because no assurances could be given by PwC as to when it would be making the sell-off.
According to an SEC filing, PwC is expected to resign its position as auditor at the end of the month.
Last year PwC’s bid to sell its consulting arm to Hewlett Packard collapsed.
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Dr Richard Willis provides a several thousand-year history lesson of the profession, from origin to modern-day