accountancy daily june 2019 BRIEFING FTSE 250 auditors survey n Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Total NAS 3-yr Tenure Year end fee related audit fees fee related audit fees fee fee % ave 2018 fee fee 2018 2017 fee fee 2017 +/- +/- NAS 2018 2018 2017 2017 % % % 3i Infrastructure 1 Deloitte 340 0 16 356 300 0 364 664 13 -46 5 41 2018 31/03/18 888 Holdings EY 534 0 12 547 305 0 76 382 75 43 2 30 2014 31/12/18 Aberforth Smaller Cos Tst Deloitte 25 0 0 25 24 0 0 24 4 4 0 0 2013 31/12/18 Acacia Mining PwC 752 165 213 1,130 675 173 221 1,069 11 6 28 35 2010 31/12/18 AG Barr 2 Deloitte 110 20 31 161 98 21 235 354 12 -55 28 128 2018 30/01/18 Aggreko KPMG 1,361 43 3 1,407 1,189 50 9 1,248 14 13 0 8 2016 31/12/18 AJ Bell KPMG 119 81 611 811 79 91 0 170 51 377 513 309 2009 30/09/18 Alliance Trust Deloitte 54 0 5 59 61 0 31 92 -11 -36 9 23 2011 31/12/18 Amigo Holdings KPMG 200 0 700 900 100 0 0 100 100 800 350 233 2017 31/03/18 Apax Global Alpha KPMG 96 0 63 159 98 0 66 164 -3 -3 66 70 2015 31/12/18 Ascential KPMG 700 0 100 800 600 0 0 600 17 33 14 5 2010 31/12/18 Ashmore Group KPMG 400 0 100 500 400 0 200 600 0 -17 25 58 2006 30/06/18 Assura Deloitte 200 0 100 300 200 0 0 200 0 50 50 17 2012 31/03/18 Aston Martin Lagonda Gl Hdgs 3 KPMG 500 0 1,900 2,400 115 0 665 780 335 208 380 422 2007 31/12/18 Avast 4 EY 992 0 3,740 4,733 1,527 0 611 2,137 -35 121 377 173 2007 31/12/18 Aveva Group EY 1,723 0 36 1,759 461 0 85 546 274 222 2 61 2002 31/03/18 B&M European Retail Value KPMG 354 0 0 354 330 0 88 418 7 -15 0 9 2017 26/03/18 Babcock International Group PwC 2,200 200 100 2,500 2,100 0 100 2,200 5 14 5 8 2002 31/03/18 1 Baillie Gifford Japan Trust 5 KPMG 21 0 0 21 20 0 0 20 5 5 0 0 2018 31/08/18 Bakkavor 6 Deloitte 500 0 100 600 400 300 900 1,600 25 -63 20 131 2005 31/12/18 Balfour Beatty KPMG 2,600 400 0 3,000 2,700 400 100 3,200 -4 -6 0 3 2016 31/12/18 Bank of Georgia EY 371 83 1,182 1,636 987 362 27 1,376 -62 19 319 50 2012 31/12/18 Bankers Investment Trust EY 26 0 2 28 30 0 2 32 -13 -13 8 6 2016 31/10/18 BBA Aviation Deloitte 1,756 76 76 1,908 1,603 0 0 1,603 10 19 4 3 2002 31/12/18 BBGI SICAV SA KPMG 182 55 0 237 157 53 0 210 16 13 0 0 2011 31/12/18 BCA Marketplace PwC 1,200 0 600 1,800 1,000 0 100 1,100 20 64 50 28 2014 01/04/18 Beazley 7 KPMG 763 458 687 1,908 687 534 534 1,756 11 9 90 86 1999 31/12/18 Bellway KPMG 204 0 4 208 193 0 5 198 6 5 2 4 1979 31/07/18 Big Yellow Group 8 KPMG 188 30 0 218 186 31 54 271 1 -20 0 30 2018 31/03/18 Blackrock Smaller Cos Trust PwC 27 0 3 30 25 0 3 28 8 7 11 12 2016 28/02/18 Bmo Global Smaller Cos PwC 36 0 0 36 35 0 0 35 3 3 0 5 1889 30/04/18 Bodycote 9 Deloitte 900 100 0 1,000 800 100 0 900 13 11 0 0 2002 31/12/18 Bovis Homes Group PwC 204 0 30 234 175 0 29 204 17 15 15 14 2015 31/12/18 Brewin Dolphin Holdings Deloitte 386 251 175 812 341 258 163 762 13 7 45 44 2002 30/09/18 British Empire Trust plc KPMG 25 0 8 33 25 0 8 33 0 0 32 68 2017 30/09/18 Britvic EY 800 100 0 900 800 100 0 900 0 0 0 5 2005 30/09/18 BTG 10 KPMG 665 61 4 730 545 60 424 1,029 22 -29 1 48 1992 31/03/18 Cairn Energy PwC 418 46 108 572 380 92 159 631 10 -9 26 30 2013 31/12/18 Caledonia Investments KPMG 100 0 100 200 100 0 100 200 0 0 100 100 2011 31/03/18 Capita KPMG 3,200 1,800 1,600 6,600 3,800 1,200 1,000 6,000 -16 10 50 34 2010 31/12/18 Capital & Counties Prop PwC 324 0 1,757 2,081 435 0 66 501 -26 315 542 154 2010 31/12/18 Card Factory KPMG 107 7 4 118 107 1 35 143 0 -17 4 24 2011 31/01/18 Centamin PwC 415 79 48 542 351 82 68 501 18 8 12 13 2014 31/12/18 Charter Court Financial Serv Deloitte 500 300 100 900 400 700 400 1,500 25 -40 20 109 2009 31/12/18 Cineworld 11 KPMG 1,679 76 0 1,756 534 76 1,298 1,908 214 -8 0 61 2004 31/12/18 City of London Inv Trust PwC 30 0 0 30 30 0 0 30 0 0 0 0 2009 30/06/18 Civitas Social Housing 12 PwC 273 0 290 563 11 0 0 11 2,382 5,018 106 102 2016 31/03/18 Clarkson PwC 518 64 14 596 544 84 45 673 -5 -11 3 7 2009 31/12/18 Close Brothers Group 13 PwC 1,700 0 500 2,200 1,300 0 800 2,100 31 5 29 48 2018 31/07/18 CLS Deloitte 400 0 100 500 500 0 100 600 -20 -17 25 21 2007 31/12/18 2 Notes Analysed data as of 30/04/2019. FTSE 250 Index Exchange rates £1=$1.31 £1=e1.16 1 Deloitte replaced EY y/e 2018 constituents as per 30/04/2019. Figures taken Fee (+/-): audit fees percentage change. 2 Deloitte replaced KPMG y/e 2018 from latest available annual reports NAS %: non audit to audit fee. 3 EY will replace KPMG y/e 2019 Reported in US$ 3-yr ave NAS%: three year average non 4 IPO May 2018 Reported in euros audit to audit. 5 KPMG replaced PwC y/e 2018 www.accountancydaily.co n FTSE 250 auditors survey BRIEFING june 2019 accountancy daily Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Total NAS 3-yr Tenure Year end fee related audit fees fee related audit fees fee fee % ave 2018 fee fee 2018 2017 fee fee 2017 +/- +/- NAS 2018 2018 2017 2017 % % % Coats Group Deloitte 1,679 0 305 1,985 1,603 0 305 1,908 5 4 18 22 2003 31/12/18 Cobham 14 PwC 1,900 0 700 2,600 2,100 0 200 2,300 -10 13 37 26 1980 31/12/18 Computacenter KPMG 772 50 158 980 603 55 242 900 28 9 20 30 2015 31/12/18 ContourGlobal PwC 1,985 229 916 3,130 1,832 0 5,115 6,947 8 -55 46 129 2013 31/12/18 ConvaTec Deloitte 2,748 382 76 3,206 2,519 458 76 3,053 9 5 3 23 2006 31/12/18 Countryside PwC 300 100 100 500 200 100 100 400 50 25 33 210 1997 30/09/18 Cranswick 15 PwC 231 0 17 248 242 0 67 309 -5 -20 7 33 2018 31/03/18 Crest Nicholson Holdings PwC 344 0 56 400 216 0 43 259 59 54 16 13 2015 31/10/18 CYBG EY 1,614 120 700 2,434 1,271 124 308 1,703 27 43 43 24 2005 30/09/18 Daejan Hdg KPMG 465 0 0 465 435 0 0 435 7 7 0 6 1959 31/03/18 Dechra Pharmaceuticals PwC 800 0 560 1,360 574 0 89 663 39 105 70 38 2016 30/06/18 Derwent London PwC 350 0 45 395 340 0 44 384 3 3 13 13 2014 31/12/18 Diploma 16 PwC 600 0 15 615 600 0 13 613 0 0 3 2 2018 30/09/18 Dixons Carphone Deloitte 1,600 0 400 2,000 1,700 0 300 2,000 -6 0 25 23 1987 30/04/18 Dominos Pizza Group 17 EY 800 0 200 1,000 500 0 100 600 60 67 25 22 1997 30/12/18 Drax Group Deloitte 938 93 1,474 2,505 684 91 125 900 37 178 157 105 1999 31/12/18 Dunelm Group PwC 120 0 15 135 167 0 15 182 -28 -26 13 28 2014 30/06/18 2 Edinburgh Investment Trust KPMG 23 7 0 30 22 7 0 29 5 3 0 0 1964 31/03/18 EI Group EY 329 25 182 536 265 25 70 360 24 49 55 42 1991 30/09/18 Electrocomponents PwC 1,200 100 0 1,300 1,000 100 0 1,100 20 18 0 0 2015 31/03/18 Elementis Deloitte 1,069 76 229 1,374 687 76 382 1,145 56 20 21 30 2016 31/12/18 Energean Oil & Gas EY 389 120 105 614 193 0 126 319 102 92 27 39 2017 31/12/18 Entertainment One 18 PwC 900 0 400 1,300 800 0 0 800 13 63 44 38 2018 31/03/18 Equiniti PwC 500 0 300 800 300 0 300 600 67 33 60 118 2010 31/12/18 Essentra PwC 1,400 200 0 1,600 1,200 100 0 1,300 17 23 0 5 2017 31/12/18 Euromoney Institutional Inv PwC 1,147 123 84 1,354 1,031 117 245 1,393 11 -3 7 16 2015 30/09/18 F&C Commercial Property Tst PwC 69 16 0 85 67 16 0 83 3 2 0 0 2016 31/12/18 F&C Investment Trust EY 94 0 9 103 96 0 0 96 -2 7 10 3 2016 31/12/18 FDM Group Holdings PwC 164 36 0 200 160 36 0 196 3 2 0 7 2013 31/12/18 Ferrexpo 19 Deloitte 2,297 115 5 2,417 915 107 2 1,024 151 136 0 1 2017 31/12/18 Fidelity China Sp Situations EY 28 0 0 28 28 0 0 28 0 0 0 0 2016 31/03/18 Fidelity European Values EY 25 0 0 25 25 0 0 25 0 0 0 0 2016 31/12/18 Fidelity Special Values EY 24 0 0 24 24 0 0 24 0 0 0 0 2016 31/08/18 Finsbury Growth & Inc Tst PwC 28 0 0 28 27 0 0 27 4 4 0 0 2014 30/09/18 FirstGroup Deloitte 2,100 200 0 2,300 1,800 200 0 2,000 17 15 0 0 1998 31/03/18 Funding Circle Holdings PwC 400 100 2,100 2,600 400 200 0 600 0 333 525 200 2015 31/12/18 G4S PwC 8,000 0 1,000 9,000 8,000 0 1,000 9,000 0 0 13 17 2015 31/12/18 Galliford Try 20 PwC 600 100 500 1,200 600 100 100 800 0 50 83 33 2001 30/06/18 Games Workshop PwC 188 0 50 238 176 0 4 180 7 32 27 12 2006 03/06/18 GCP Infrastructure Inv KPMG 62 0 18 80 66 0 15 81 -6 -1 29 27 2016 30/09/18 Genesis EM Fund 21 KPMG 40 0 0 40 47 0 0 47 -15 -15 0 0 2018 30/06/18 Genus Deloitte 800 0 100 900 800 0 300 1,100 0 -18 13 27 2006 30/06/18 Go-Ahead Group Deloitte 800 0 100 900 700 0 400 1,100 14 -18 13 33 2016 30/06/18 Grafton Group PwC 965 0 19 984 975 0 21 996 -1 -1 2 3 2016 31/12/18 Grainger KPMG 241 32 175 448 210 31 50 291 15 54 73 46 2015 30/09/18 Great Portland Estates Deloitte 222 68 0 290 204 62 21 287 9 1 0 5 2003 31/03/18 Greencoat UK Wind BDO 77 4 0 81 76 4 0 80 1 1 0 24 2012 31/12/18 Greencore Group 22 KPMG 872 0 471 1,343 965 0 647 1,612 -10 -17 54 80 2008 28/09/18 Greene King EY 500 0 100 600 600 0 0 600 -17 0 20 6 1997 29/04/18 Greggs KPMG 149 0 17 166 154 0 9 163 -3 2 11 10 1984 31/12/18 GVC 23 GT 776 0 1,379 2,155 603 0 1,034 1,638 29 32 178 238 2009 31/12/17 3 6 PwC will replace Deloitte y/e 2019 11 Changed reporting currency to USD in 2018 14 EY will replace PwC y/e 2019 7 EY will replace KPMG y/e 2019 12 IPO in Nov 2016, financial year from 15 PwC replaced EY y/e 2018 8 KPMG replaced Deloitte y/e 2018 18/11/2016 to 31/03/2018, previous financial 16 PwC replaced Deloitte y/e 2018 9 PwC will replace Deloitte y/e 2019 year from 29/09/2016 to 17/11/2016 17 PwC will replace EY y/e 2019 10 Deloitte will replace KPMG y/e 2019 13 PwC replaced Deloitte y/e 2018 18 PwC replaced Deloitte y/e 2018 www.accountancydaily.co accountancy daily june 2019 BRIEFING FTSE 250 auditors survey n Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Total NAS 3-yr Tenure Year end fee related audit fees fee related audit fees fee fee % ave 2018 fee fee 2018 2017 fee fee