MNP was the leading audit firm for total new engagements among Canadian auditor changes in calendar year 2022. As one of Canada’s leading firms, MNP pulled in 41 new clients throughout the year. Interestingly, US-based firm BF Borgers saw the … Continue reading
Category Archives: Auditor Changes – Canada
Auditor Changes in Canada: 2021
In 2021, Canadian auditor departures increased by 68.3%. Throughout the year, 387 departures occurred, compared to 230 departures seen in 2020. The percentage of departures classified as resignations saw a slight increase, with 25% of auditor departures attributed to resignations in … Continue reading
Auditor Changes in Canada During First Half of 2021
Note: All amounts stated are in Canadian dollars Throughout the first half of 2021, there were 142 new audit engagements and 145 departures among audit firms in Canada. Of these auditor changes, 27 accounting firms posted a net gain in new … Continue reading
Auditor Changes in Canada: 2020
Note: All amounts stated are in Canadian dollars In 2020, Canadian auditor departures decreased by 31.9%, with 230 departures observed throughout the year, compared to 338 departures seen in 2019. The percentage of resignations saw a break in the trend, with … Continue reading
Auditor Changes in Canada During First Half of 2020
Throughout the first half of 2020, there were 69 new audit engagements and 104 departures among audit firms in Canada. Of these auditor changes, there were only two accounting firms to post a net gain in new audit engagement clients … Continue reading
Auditor Changes in Canada: 2019
Note: All amounts stated are in Canadian dollars Throughout 2019, Canadian auditor departures increased 16.6%, climbing to 338 departures from the 290 departures seen in 2018. The percentage of resignations has continued to trend upward, with 31% of auditor departures … 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