While much of the concern surrounding audits in Europe revolves around long tenures – audit firms auditing the same client for years, or even decades, on end – it is perhaps more of a concern when a company switches its … Continue reading
Category Archives: Auditor Changes
Auditor Changes Roundup: Q1 2019
Deloitte, with a net of nine new SEC audit clients, accounts for the most new SEC audit clients among all firms in Q1 2019. Deloitte holds the top spot for most new clients among the Big Four and the major … Continue reading
Auditor Changes and Audit Fees in Italy
Eleven out of the 100 companies listed on the FTSE MIB and the FTSE Italia Midcap changed their auditors from 2016 to 2017, and seven of those companies saw their audit fees decrease. The transposition of the European Audit Reform … Continue reading
Auditor Changes in Canada: 2018
There were 290 Canadian auditor departures in 2018, a 10% increase from the 264 in 2017. While the majority of departures continue to be from dismissals (80%), the percentage of resignations is the highest it has been in four years … Continue reading
Auditor Changes in the FTSE 100
An average of 11% of FTSE 100 companies have changed their auditor every year since 2014. Looking at the engaged effective date of the auditor changes, we found a consistent trend in the number of changes per year: In the … Continue reading
Auditor Changes Roundup: 2018 Annual Summary
Plante & Moran, with a net of 34 new SEC audit clients, accounts for the largest number of new clients among all audit firms in 2018. A merger with EKS&H in Q4 2018 brought on 31 of Plante & Moran’s … Continue reading
Recently Reported Auditor Changes across Europe
There were 16 recently reported auditor changes across Europe in January 2019. It is important to note, however, this is not a comprehensive list; not all changes are, or have been, disclosed. Of the 16 announced, ten are listed on … Continue reading