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    KPMG grabs Capita audit from E&Y

    KPMG grabs Capita audit from E&Y

    Capita moves to KPMG for its audit after 26 years with Ernst & Young

    Author Date published August 25, 2010 Categories

    KPMG
    has won the audit of FTSE 100 outsourcing company
    Capita
    from Big Four rival
    Ernst &
    Young    .

    Capita decided to walk away from E&Y, which has audited the company since
    its initial listing in 1984, after a competitive review.

    Directors told shareholders they “felt it was time to review the audit
    services required to support Capita”.

    Last week, KPMG also won the audit of AIM listed research company Silence
    Therapeutics Plc from accountants Grant Thornton.

    The announcement comes a day after the £2.7bn turnover company announced the
    acquisition of the National Dental Plan for £30 million.

    Further reading:

    KPMG
    wins audit of AIM-listed research company

    KPMG
    audit head defends controversial Rentokil role

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