Horwath Clark Whitehill has been ranked as the UK’s top auditor
of charities, in terms total audited income, by financial
information provider Caritasdata.
In Caritasdata’s 2009/2010 rankings,
Horwath Clark Whitehill had 169 clients and £4.04bn ($6.14bn) total
Second on the league table was
PricewaterhouseCoopers (PwC) with 136 client and £3.94bn audited
Horwath Clark Whitehill’s average audit fees
varied between £4,000 for companies with annual audited income of
less than £1mn to £57,000 per audit for companies with annual
audited income of more than £80mn.
PwC’s average audit fees varied between £6,000
for companies with annual audited income of less than £1mn to
£119,000 per audit for companies with annual audited income of more
Baker Tilly UK had the most charity audit
clients. The firm’s 188 audit clients had total audited income of
Horwath Clark Whitehill gained more new audit
clients than any other firm in the past year, with 18.
Grant Thornton was ranked second in terms of
new clients, with eight.
The audit firm with the biggest decrease in
clients was BDO Stoy Hayward, which lost 28 clients.
Deloitte had the second highest loss, with
Cartiasdata analyses charity auditors by
reviewing last published accounts of the top 3000 charities in the