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.
RSM has announced the appointment of a record 350 trainees across all locations in the UK – expanding the total headcount of the firm by 10%
The Middle East arm of Deloitte and Touche is being sued by a Dubai-based investment group after it failed to spot money laundering at a now defunct Lebanese bank
Smith & Williamson has named Grant Hotson as group finance director
Commissioning and preparing an asset valuation for financial reporting should involve a three way dialogue between the client, valuer & auditor