The uptick saw FTSE 100 audit fees increase nine per cent in the past year alone, from sums of £798.7m in 2020/21 to £869.6m in 2021/22.

Audit fees have risen sharply since 2017 while FTSE 100 profits have stagnated or fallen, said the letter, signed by Margherita Della Valle, chair of the 100 Group’s main committee and CFO of ...

The Big Four saw their fees increase by an average of 7.7 per cent. The reviews backed the replacing of the FRC with a new, stronger body that could bring through change more swiftly.

Just four firms — Deloitte, EY, KPMG and PwC — check the books of 98 companies in the blue-chip FTSE 100 and 84 per cent of the mid-cap FTSE 250, according to data provider Adviser Rankings.

Major British audit firms and their large corporate clients have faced a torrent of criticism about the volume of non-audit fees that they continue to generate. A year ago, firms, clients and ...

A merger between Andersen and KPMG would bring together the second- and fifth-ranking Big Five firms as far as FTSE-100 audit fee income is concerned. In the latest Financial Director survey, KPMG ...

THE chief executive of Grant Thornton in the UK has warned the FTSE 100 audit market is not yet “attractive” to accountancy firms outside the… ...