RSM TENON is currently interviewing for a successor to PwC as its auditor.
The Independent reports that firms such as BDO, Grant Thornton, KPMG and Ernst & Young have all applied for the job.
Earlier this year listed firm RSM Tenon discovered irregularities in its books and uncovered a 9% drop in revenues to £107.8m. It also restated the prior year’s pre-tax profit and reduced it by £12.1m.
Deloitte was unable to throw its hat in the ring due to a conflict of interest; it discovered the irregularities while conducting due diligence work on behalf of HG Capital, a private equity company looking to acquire the firm.
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester
Promotions have been made in the private clients tax team and corporate business team
Firm expands East Anglian team with appointments to the audit practice and private client tax team