Deloitte replaces PwC as Provident Financial auditors

Deloitte replaces PwC as Provident Financial auditors

FTSE 250 business Provident Financial announces that Deloitte has replaced PwC as its auditors with immediate effect

DELOITTE HAS CONFIRMED its dominance of the FTSE 250 audit market by picking up a client from Big Four rival PwC.

FTSE 250 business Provident Financial announced that Deloitte has replaced PwC as its auditors with immediate effect following a “rigorous” tender process.

In May it emerged that Deloitte had overtaken PwC to become the most popular auditor to FTSE 250 clients.

According to the Morningstar rankings, Deloitte picked up three clients in the last quarter, taking its total to 69. PwC stayed constant with 67 clients, which saw it slip into second place.

Last week, KPMG won the audit contract of FTSE 100-listed copper producer Kazakhmys, replacing Ernst & Young.

Read Accountancy Age’s 2009 interview with Provident Financial finance director Andrew Fisher here.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource