Danny McCance 4 Dec 2017 10:35am

KPMG overtakes PwC in FTSE 250 audit market

The Big Four firm gained five clients and, despite losing three, managed to overtake PwC, which dropped to third in Q4

KPMG also made further progress in the FTSE 100 rankings, increasing its lead on Deloitte in Q3, according to the latest Auditor Rankings from Adviser Rankings.

However, Deloitte remains at the top of the FTSE 250 list with 70 clients after a gain of two as PwC lost four since the last quarter.

KPMG lost three FTSE 250 clients (Berkeley Group Holdings; Carillion; Kennedy Wilson Europe Real Estate) but gained five (Genesis Emerging Market Fund; Paypoint; Polar Capital Technology Trust; Royal Mail; Sequoia Economic Infrastructure Income Fund).

Deloitte remains at third place of the FTSE 100 list after losing one client, Provident Financial, to take its total to 22.

Meanwhile KMPG lost Royal Mail in the reshuffle, but gained two new clients (Berkeley Holdings and Micro Focus International) to take its total to 26.

PwC still remains far ahead in the FTSE 100 rankings with 35 clients, while EY sits in fourth place of both the FTSE 100 and 250 lists, with 16 and 44 clients respectively.

BDO topped the list of AIM clients, gaining five to take its total to 150, and KPMG took top place of total stock market clients overall with 392 clients, followed by PwC (357), Deloitte (264) and BDO (226).

EY sat at fifth place with 219 clients, after losing eight clients.