PwC Beats BDO in Ranking of Auditors for UK-Listed Companies

PwC overtook its audit firm rival BDO to count the largest number of UK-listed companies as clients despite a shrinking market, a new ranking shows.

BDO had been the UK’s largest auditor by number of publicly traded clients since late 2020, but PwC took the top spot in the most recent quarter of this year, according to Adviser Rankings Ltd. The researcher tracks the market for audit firms hired to vet corporate financial accounting.

PwC is also the top-ranking UK auditor measured by the market valuation of its corporate clients, which totaled £1.3 trillion ($1.8 trillion) in May, the research ...