PwC resigns as SkyePharma auditor

PwC resigns as SkyePharma auditor

Big Four firm ends work with drug technology company

UK-listed SkyePharma has announced that PricewaterhouseCoopers has resigned
as auditor following the completion of the company’s financial statements for
the 2005 financial year.

PwC had been the company’s auditor for the last ten years.

In its resignation letter PwC stated that: ‘We confirm that there are no
circumstances connected with our resignation which we consider should be brought
to the notice of the shareholders or creditors of SkyePharma PLC.’

SkyePharma’s audit Committee has invited tenders from ‘certain qualified
auditing firms’ and the company would make a further announcement when a new
auditor is appointed.

Related Articles

PwC replaces Deloitte as Linklaters auditor after Arsenal lawsuit

Audit PwC replaces Deloitte as Linklaters auditor after Arsenal lawsuit

2d Alia Shoaib, Reporter
New FRC Corporate Governance Code focuses on culture and diversity

Audit New FRC Corporate Governance Code focuses on culture and diversity

3d Lucy Skoulding, Reporter
PwC ordered to pay $625.3m over failure to detect Colonial Bank fraud

Audit PwC ordered to pay $625.3m over failure to detect Colonial Bank fraud

2w Alia Shoaib, Reporter
FRC to investigate KPMG’s Conviviality audit

Audit FRC to investigate KPMG’s Conviviality audit

2w Alia Shoaib, Reporter
June news roundup with Alia Shoaib

Audit June news roundup with Alia Shoaib

3w Alia Shoaib, Reporter
FRC opens investigation into Deloitte’s audits of SIG

Audit FRC opens investigation into Deloitte’s audits of SIG

3w Alia Shoaib, Reporter
PwC auditor spent just two hours on BHS audit, says chairman

Audit PwC auditor spent just two hours on BHS audit, says chairman

4w Alia Shoaib, Reporter
FRC reports an “unacceptable deterioration” in KPMG audit quality

Audit FRC reports an “unacceptable deterioration” in KPMG audit quality

4w Alia Shoaib, Reporter