PwC becomes leading AIM 100 auditor
Audit International, the leading specialists in Internal and External Audit Recruitment across Europe, the US and Asia have recently learned of the results of a new survey conducted by Advisor Rankings that the leading audit firm PwC has become the lead AIM 100 auditor, overtaking its direct competitors after it gained three new AIM 100 clients this last quarter.
According to a quarterly report, there have been no changes in position in the full AIM rankings, which, the report says, is due to a usual period of calm in activity in the audit sector this quarter. The relative inactivity in the AIM audit market now “stands in contrast to the main board,” the report said.
In addition, mentioned report shows that BDO has retained its dominance over the full AIM market with 155 clients, despite losing seven clients this quarter. The American audit firm Grant Thornton has also lost two clients, but retains second place in the rankings with 147 clients. KPMG has 146 clients, gaining three this quarter and PwC is in fourth place with 114 clients. Deloitte is in fifth place among the main audit firms with 85 clients, followed by EY (68, down from 70), Baker Tilly (55, down from 59), Crowe Clark Whitehill (40, up from 39), UHY Hacker Young (32, up from 30) and Nexia Smith and Williamson (25).
As a conclusion the report shows that PwC’s success has been in the face of challenging audit market conditions. It considered, “The gains achieved through the period meant that the aggregate value of PwC’s stable was only down slightly on the previous quarter despite the general audit market decline.”
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