Big Four auditors dominate £910m listed audit market

Big Four auditors dominate £910m listed audit market

With audit fees now hitting £705m, up 5.6% year on year from £667m, and with a total value of £910m when audit related fees are included, attempts at creating a competitive audit market fail to show any signs of progress.

In this year’s exclusive Accountancy Daily FTSE 100 Auditors Survey, PwC is the largest UK auditor, handling nearly a third of these listed audits with 29 clients valued at £222m. But it is also the biggest loser, dropping five FTSE 100 clients in the last 12 months, with a 14% drop in revenue.

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