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.
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