Other Citywire websites
Stay connected:

View the article online at http://citywire.co.uk/new-model-adviser/article/a655313

RSM Tenon plumps for BDO as auditor after PwC dispute

by Daniel Grote on Feb 01, 2013 at 09:02

RSM Tenon plumps for BDO as auditor after PwC dispute

Financial services group RSM Tenon has appointed BDO as its auditor following its long-running battle with previous incumbent PricewaterhouseCoopers.

Tenon dropped PwC as auditor in December, bringing an end to a bitter relationship between the two.

In August the Accountancy and Actuarial Discipline Board announced it was investigating PwC over its audit of Tenon, while earlier last year, reports emerged Tenon had sought legal advice over alleged PwC errors.

Tenon was forced to restate its accounts for the year ending 30 June 2011 after discovering 'black holes' in its books.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Opportunities emerge as production moves back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

A spotlight on Alastair Mundy


Alastair Mundy met Citywire's Daniel Grote at the London Stock Exchange Studios for a detailed interview about the Investec Cautious Managed fund.


Sorry, this link is not
quite ready yet