‘Challenger’ firm BDO now has 310 audit clients across the AIM and the FTSE main market, to Big Four leader PwC’s 307.
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The audit market continues to transform. Figures released this week show that BDO is now the biggest auditor in the UK by the number of listed audit clients.
Leapfrogging Big Four leader PwC, BDO now has 310 audit clients across the AIM and the FTSE main market, to PwC’s 307.
Dubbed a “challenger” firm, BDO’s rise is the first time a non-Big Four firm has lead the rankings for number of audit clients. The firm believes that this marks a “significant shift” in boardroom perceptions of non-Big Four firms.
However, BDO holds no FTSE 100 clients, a sector still dominated by KPMG with 29, Deloitte and EY on 24 and PwC on 23.
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