STUDENT accommodation company the Unite Group has installed Deloitte as its new auditor.
The Big Four firm will take up the audit reins for the 2015 financial year as of today (10 June 2015) from rival KPMG. The appointment of Deloitte as auditor in the following years will be subject to shareholders approval at its 2016 AGM.
Manjit Wolstenholme, chair of Unite’s audit committee, said: “We would like to thank KPMG for their significant contribution as the Company’s auditors over many years, since the Group’s stock market listing in 2000. We expect an orderly transition and look forward to working with Deloitte into the future.”
The 2014 audit was worth £600,000 in audit fees and a further £200,000 in non-audit related fees.
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