RSM Tenon has appointed BDO as its new auditor following a tender process begun in December.
The company launched a tender process for a replacement auditor following a vote at the company's annual general meeting which decided that the previous auditor, PricewaterhouseCoopers (PwC), would not be reappointed. The decision not to reappoint PwC followed an ongoing impasse between RSM Tenon and the company after the discovery of accounting mistakes made by the audit firm during tax year 2010. The mistakes were made public in April last year.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes