Big4 Auditor Changes week ending 06/23/13

A modest number of changes in Big4 auditor firms this week. The big winner is KPMG, which in addition to picking up Thermon Group, also resigned as auditor of E2open to focus on providing them with management consulting services.  Higher fees plus less risk equals big win.  The other winner this week was Deloitte, which picked up the aforementioned E2open and also EnergySolutions. PwC resigned as discount retailer Stein Mart auditor when Stein put out for bid.  Ernst & Young lost two more clients this week, without picking up anything new.

Here’s the full list:

Filing Date Company Location Old Auditor New Auditor Dismissal / Resignation
6/17/2013 E2open, Inc. CA KPMG LLP Deloitte & Touche LLP Resignation
6/17/2013 Thermon Group Holdings, Inc. TX Ernst & Young LLP KPMG LLP Dismissal
6/17/2013 Stein Mart, Inc. FL Pricewaterhouse Coopers LLP Resignation
6/21/2013 Biosante Pharmaceuticals, Inc. MN Deloitte & Touche LLP EisnerAmper LLP Dismissal
6/21/2013 EnergySolutions, Inc. UT Ernst & Young LLP Deloitte & Touche LLP Dismissal
6/21/2013 Harvest Natural Resources, Inc. TX Pricewaterhouse Coopers LLP UHY LLP Dismissal

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Round and round and round…


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