RSM TENON has fallen further than any other firm in the latest auditor rankings table for the fourth quarter of the year.
The listed firm fell two places to 15th in the Morningstar quarterly rankings table of auditors based on stock market client numbers.
In the category ‘Number of AIM clients’, RSM Tenon also fell two places to 14th.
However, that AIM category KPMG also slipped from joint second with BDO to third.
KPMG and RSM Tenon were not the only firms to lose clients – overall, AIM-listed clients in the ranked table reduced slightly to 983 from 988 in the preceding quarter.
However, Crowe Clark Whitehill moved up one place to joint eighth with PKF, while Littlejohn moved up one to 14th.
KPMG fared better in the number of FTSE 250 clients, moving up one since the preceding quarter to joint second place with PwC. Grant Thornton slipped one place to sixth.
In the total number of stock market clients ranking, UHY Hacker Young moved up one place to tenth. Other firms to move up one spot included Chantrey Vellactott DFK to 14th and Littlejohn to 15th.
As well as RSM slipping two places to 15th, Smith & Williamson fell one spot to 11th.
Overall, the listed market lost 21 companies with 2,058 included in the last quarter rankings table and just 2,037 in the fourth quarter of 2012.
The average cost of fraud increased 35.4% to £3.9m in 2016, compared to 2015 data
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal