Auditing the Auditors: PwC retains largest market share

Former KPMG boss Ross Buckley. (Image: NZME)

Tue, 05 Dec 2023

PwC has maintained its largest auditor market share on the NZX50 as fees steadily advanced.BusinessDesk analysis of the most recent disclosures from the nation’s 50 largest publicly listed companies has revealed that $39.5 million was spent on auditors' fees, an 8% increase on the previous year.Including other assurance services and taxation advice, the big four, representing the NZX50 index entirely, took $48.8m – a 13% rise. PwC charged $14.2m in audit fees in the past year, 36% of the total, proportional to the 18 compan...

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