PwC in the money with new publisher’s audit

PwC in the money with new publisher’s audit

PwC replaces Deloitte as auditors of FTSE 250 publisher Euromoney Institutional Investor

INTERNATIONAL publishing company Euromoney Institutional Investor has appointed PwC as its auditors following a competitive tender process.

PwC will replace rivals Deloitte, who have vetted Euromoney’s accounts since 1998. Euromoney paid Deloitte £829,000 in audit fees last year, in addition to £114,000 for assurance services and £166,000 for non-audit work, according to the company’s 2013 accounts.

The FTSE 250 publisher, which is majority owned by the Daily Mail and General Trust Group, said PWC will be appointed as Euromoney’s statutory auditor, subject to approval by shareholders at the AGM on 29 January 2015.

Related Articles

PwC fined a record £10m over BHS audit

Audit PwC fined a record £10m over BHS audit

7d Alia Shoaib, Reporter
Deloitte faces disciplinary action over Autonomy accounts scandal

Audit Deloitte faces disciplinary action over Autonomy accounts scandal

3w Alia Shoaib, Reporter
Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

Audit Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

1m Emma Smith, Managing Editor
PCAOB sanctions former Deloitte Turkey CEOs over altered documents

Audit PCAOB sanctions former Deloitte Turkey CEOs over altered documents

1m Alia Shoaib, Reporter
Ukraine’s PrivatBank files $3bn claim against PwC

Audit Ukraine’s PrivatBank files $3bn claim against PwC

3m Alia Shoaib, Reporter
Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

Audit Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

3m Alia Shoaib, Reporter
Big Four dominate FTSE 250 audit market in Q1 rankings

Audit Big Four dominate FTSE 250 audit market in Q1 rankings

4m Alia Shoaib, Reporter
Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

Audit Deloitte to pay $149.5m over Taylor, Bean & Whitaker audit failure

4m Alia Shoaib, Reporter