Crowe Clark Whitehill tops charity audit league

Crowe Clark Whitehill has topped the 2012 charity audit survey league table, ranked by audit fees, for the fourth consecutive year.

The annual survey, run by Charity Financemagazine, is based on responses from the charity audit market, alongside information from the UK's top 400 charities based on income. The result is a comprehensive overview of the current state of the audit market in the charity sector.

The firm, which employees 564 staff in the UK, recorded audit fees of £3.7m from 115 charity clients, who between them report an annual income in excess of £3.7bn.

Partner and head of not-for-profit, Pesh Framjee, said fee income for audit and related business services provided to the charity sector has risen by around 15% over the last year.

He said: 'We are delighted to maintain our place at the top of the league table for another year. As the lead providers of audit and related services to the charity sector, we take the sector very seriously and charities are a key part of our business.

'Charities play a vital role and are facing many new challenges and also new opportunities. The task of setting priorities remains as difficult as ever; matching the demands to satisfy short-term needs against pressure for the resources required to achieve long-term solutions.

'We are committed to continually developing our services to provide real assistance in helping them deliver against their important goals in a tough economic environment.'

PwC kept its number two slot in the ranking, with audit fees of £2.7m from 45 charity clients.

In third place Grant Thornton - up two places from fifth in 2011, reported audit fees of £1.9m.

Haysmacintyre secured fourth spot with audit fees of £1.7m, while Deloitte were up one place from sixth to take the number five spot with audit fees of £1.4m.

0
Be the first to vote

Rate this article

Related Articles
Subscribe