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August 30, 2010

Grant Thornton retains AIM dominance

Grant Thornton UK was the only firm among the
top five auditors of Alternative Investment Market-listed companies
to grow its number of AIM-listed audit clients in the three months
to 6 August, according to Hemscott Corporate Advisers.

Grant Thornton remained the auditor of the
most AIM-listed companies after growing by two to 188.

Hemscott’s auditor rankings across all of the
UK’s financial markets reported that almost all the audit firms
lost clients, including ranking leader KPMG UK, which lost seven
clients to finish with 384.

PricewaterhouseCoopers (PwC) UK was in second
place with 330 clients. Ernst & Young UK added three new
clients to finish with a tally of 289 – the only auditor from the
Big Four to record a gain.

Among the FTSE 100 auditor rankings, PwC
remained the leader despite losing two clients. The only other
client change for the group was third place Deloitte, which gained
one client.

Hemscott is an international provider of
business and financial data and provides client rankings including
that of auditors according to their number of clients within the
FTSE 100, FTSE 250, and FTSE Small Cap/Fledgling indices, as well
as UK and overseas clients listed on AIM.


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