7/18/20 – Auditor changes

A week with quite a few changes despite the COVID-19 pandemic. KPMG lost a big client in Global Eagle Entertainment during the week. This client bought in $7 million in total fees for KPMG. Marcum LLP had a big week with 4 wins including Global Eagle Entertainment. The details of changes for the week is as follows:

CompanyOld AuditorNew AuditorNature of changeTotal Fee Previous Auditor (‘000) $
Rave Restaurant Group Inc.Baker TillyArmaninoDismissed157
TransAct Technologies Inc.PwCMarcumDismissed588
Global Eagle Entertainment Inc.KPMGMarcumDismissed7,237
Regi US Inc.FruciResigned
Financial Gravity Companies Inc.WeaverAppointment
Alkame Holdings Inc.PLS CPAMarcumDismissed
Creative Waste Solutions Inc.De Leon & Co.FiorelloTerminated
Lakeland Industries Inc.FriedmanDeloitteDismissed665
Barnwell Industries IncKPMGWeaverDismissed654
China VTV LtdManningAppointment
Toga LimitedPinnacleMarcumDismissed
Hycroft Mining Holding CorporationWithumPlante MoranDismissed
Tagged : / /

PwC clients in Detroit

Home » pwc clients » Page 4

Michigan is the land of the US auto majors. One big change in recent years was the switch from Deloitte to EY by General Motors. PwC leads in both number of clients and total audit fees followed by EY. PwC’s Detroit office brings in total audit fees of $108.27 million from the S&P 500 companies. EY comes in second with $70 million in audit fees.

Auditor# of companies auditedTotal fees ($ million)%
PwC7108.2751%
EY370.0533%
Deloitte132.3616%

Here are the details of the clients of big4 firms in Michigan. Ford Motor Company is the largest client for PwC in the Detroit region bringing in total audit fees of $47.50 million for FY 2020. Deloitte brings in $32.36 million from Dow Inc.

CompanyHeadquarters LocationAuditorTotal fees ($ millions)
Ford Motor CompanyDearborn, MichiganPwC47.50
Dow Inc.Midland, MichiganDeloitte32.36
General MotorsDetroit, MichiganEY30.00
Stryker Corp.Kalamazoo, MichiganEY20.05
Whirlpool Corp.Benton Harbor, MichiganEY20.00
BorgWarnerAuburn Hills, MichiganPwC15.55
Masco Corp.Livonia, MichiganPwC14.90
Kellogg Co.Battle Creek, MichiganPwC10.70
CMS EnergyJackson, MichiganPwC9.80
DTE Energy Co.Detroit, MichiganPwC8.13
Domino's PizzaAnn Arbor, MichiganPwC1.68

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / /

PwC clients in North and South Carolina

Home » pwc clients » Page 4

PwC literally rules the audit market in the Carolina’s. It has 11 out of the 16 S&P 500 clients. These 11 audit clients together bring in $179 million in total fees. Bank of America is the largest client of PwC with $67 million in total fees. KPMG has no S&P 500 audit client in the Carolina’s. Here is a summary of clients in this market.

Auditor# of companies auditedTotal fees ($M)%
Deloitte322.1211%
PwC11179.3687%
EY24.462%

Deloitte’s biggest client in the Carolina market is Duke Energy which brings in $14.27 million in audit fees.

CompanyHeadquarters LocationAuditorTotal ($ million)
Bank of America CorpCharlotte, North CarolinaPwC66.70
V.F. Corp.Greensboro, North CarolinaPwC23.44
Truist FinancialCharlotte, North CarolinaPwC23.17
Duke EnergyCharlotte, North CarolinaDeloitte14.27
Sealed AirCharlotte, North CarolinaPwC13.67
IQVIA Holdings Inc.Durham, North CarolinaPwC12.49
Dentsply SironaCharlotte, North CarolinaPwC12.20
Laboratory Corp. of America HoldingBurlington, North CarolinaPwC6.94
Albemarle CorpCharlotte, North CarolinaPwC6.89
Hanesbrands IncWinston-Salem, North CarolinaPwC6.40
Nucor Corp.Charlotte, North CarolinaPwC4.54
Lowe's Cos.Mooresville, North CarolinaDeloitte4.10
Advance Auto PartsRaleigh, North CarolinaDeloitte3.75
QorvoGreensboro, North CarolinaEY3.59
Martin Marietta MaterialsRaleigh, North CarolinaPwC2.92
Old Dominion Freight LineThomasville, North CarolinaEY0.87

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / /

PwC Florida clients

Going down south to Florida, PwC Florida leads in terms of number of audit clients and total audit revenue. PwC has 5 audit clients bringing in a total audit revenue of $57 million. KPMG comes in second with 5 audit clients and $34 million. Here is a quick summary of audit market in Florida.

Auditor# of companies auditedTotal fees ($M)%
Deloitte217.7514%
PwC556.8346%
KPMG534.1528%
EY315.0512%

Here is the complete details of clients and total fees. L3 Harris is the biggest client for PwC in the Florida market bringing in $33.27 million in audit fees for FY 2020. NextExra Energy is next biggest client and pays Deloitte $13.93 million in audit fees.

CompanyHeadquarters LocationAuditorTotal ($ million)
L3Harris TechnologiesMelbourne, FloridaPwC33.27
NextEra EnergyJuno Beach, FloridaDeloitte13.93
Fidelity National Information ServicesJacksonville, FloridaKPMG13.92
Citrix SystemsFort Lauderdale, FloridaEY8.92
Raymond James Financial Inc.St. Petersburg, FloridaKPMG7.60
Roper TechnologiesSarasota, FloridaPwC7.01
The Mosaic CompanyTampa, FloridaKPMG6.93
Norwegian Cruise Line HoldingsMiami, FloridaPwC6.24
Carnival Corp.Miami, FloridaPwC5.70
Royal Caribbean Cruises LtdMiami, FloridaPwC4.61
Lennar Corp.Miami, FloridaDeloitte3.82
Darden RestaurantsOrlando, FloridaKPMG3.54
SBA CommunicationsBoca Raton, FloridaEY3.09
CSX Corp.Jacksonville, FloridaEY3.04
Regency Centers CorporationJacksonville, FloridaKPMG2.15

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / /

Deloitte clients in Virginia

Home » pwc clients » Page 4

There are 11 S&P 500 companies headquartered in Virginia. Surprisingly, only 1 audit client for PwC in Virginia. Deloitte leads both in terms of number of companies and total audit fees. Deloitte brings in $92 million in audit fees followed by EY which bring in $66 million from S&P 500 Companies.

Auditor# of companies auditedTotal fees ($ million)%
Deloitte591.6744%
EY565.6932%
KPMG641.4220%
PwC19.184%

The details are below; DXC Technology is biggest among the S&P 500 clients paying Deloitte Tysons office $47 million in audit fees. General Dynamics is the next biggest client paying KPMG $29 million.

CompanyHeadquarters LocationAuditorTotal
DXC TechnologyTysons Corner, VirginiaDeloitte47.00
General DynamicsFalls Church, VirginiaKPMG29.11
WestRockRichmond, VirginiaEY21.13
Northrop GrummanWest Falls Church, VirginiaDeloitte18.36
Capital One FinancialTysons Corner, VirginiaEY14.38
AES CorpArlington, VirginiaEY14.02
Hilton Worldwide Holdings IncTysons Corner, VirginiaEY12.51
Dominion EnergyRichmond, VirginiaDeloitte11.89
Altria Group IncRichmond, VirginiaPwC9.18
Huntington Ingalls IndustriesNewport News, VirginiaDeloitte7.30
Leidos HoldingsReston, VirginiaDeloitte7.13
AvalonBay CommunitiesArlington, Virginia[3]EY3.65
Norfolk Southern Corp.Norfolk, VirginiaKPMG3.43
Dollar TreeChesapeake, VirginiaKPMG3.35
Carmax IncRichmond, VirginiaKPMG3.10
Verisign Inc.Dulles, VirginiaKPMG1.65
NVR IncReston, VAKPMG0.77

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / /

EY Chicago audit clients

Home » pwc clients » Page 4

There are 33 S&P 500 companies headquartered in Illinois. EY Chicago office leads in terms of number of audit clients while Deloitte leads in terms of total fees. KPMG has 5 clients with a total audit fee of $30 million. Here is the detailed break-down of big4 audit revenues in Illinois from S&P 500 companies.

Auditor# of companies auditedTotal fees ($ million)%
EY12123.8831%
Deloitte9125.7032%
PwC7118.6530%
KPMG529.967%

Here is a detailed list. Let me know if any big names are missing! Caterpillar is the biggest audit client in the Chicago region bringing PwC a total audit fee of $36.40 million. Abbott Laboratories comes in second bringing EY total audit fees of $31.80 million.

CompanyHeadquarters LocationAuditorTotal fees ($ M)
Caterpillar Inc.Deerfield, IllinoisPwC36.40
Abbott LaboratoriesNorth Chicago, IllinoisEY31.81
Boeing CompanyChicago, IllinoisDeloitte31.70
Exelon Corp.Chicago, IllinoisPwC31.07
Archer-Daniels-Midland CoChicago, IllinoisEY22.49
Deere & Co.Moline, IllinoisDeloitte22.13
Walgreens Boots AllianceDeerfield, IllinoisDeloitte22.11
Mondelez InternationalChicago, IllinoisPwC17.02
AbbVie Inc.North Chicago, IllinoisEY14.00
Allstate CorpNorthfield Township, IllinoisDeloitte12.74
Illinois Tool WorksGlenview, IllinoisDeloitte12.63
McDonald's Corp.Chicago, IllinoisEY12.50
Baxter International Inc.Deerfield, IllinoisPwC10.89
Northern Trust Corp.Chicago, IllinoisKPMG10.45
Dover CorporationDowners Grove, IllinoisPwC9.45
Motorola Solutions Inc.Chicago, IllinoisPwC9.00
Arthur J. Gallagher & Co.Itasca, IllinoisEY8.55
LKQ CorporationChicago, IllinoisDeloitte8.43
CME Group Inc.Chicago, IllinoisEY8.34
Discover Financial ServicesRiverwoods, IllinoisDeloitte7.47
Conagra BrandsChicago, IllinoisKPMG7.19
Grainger (W.W.) Inc.Lake Forest, IllinoisEY6.08
Zebra TechnologiesLincolnshire, IllinoisEY5.98
IDEX CorporationLake Forest, IllinoisDeloitte5.17
United Airlines HoldingsChicago, IllinoisEY4.90
Fortune Brands Home & SecurityDeerfield, IllinoisPwC4.81
Ventas IncChicago, IllinoisKPMG4.77
CF Industries Holdings IncDeerfield, IllinoisKPMG3.85
Packaging Corporation of AmericaLake Forest, IllinoisKPMG3.70
CDWLincolnshire, IllinoisEY3.50
Cboe Global MarketsChicago, IllinoisDeloitte3.30
Ulta BeautyBolingbrook, IllinoisEY3.25
Equity ResidentialChicago, IllinoisEY2.49

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / / / / / /

EY audit clients in Texas

Home » pwc clients » Page 4

There are 38 S&P 500 companies in Texas mostly in the Oil & Gas sector. EY leads the Texas audit market with 16 companies bringing in a total fee of $182 million. GT has two clients, Concho Resources and Diamondback Energy in the Texas market. Here is a high level summary of the Texas market.

Auditor# of companies auditedTotal fees ($ million)%
EY16181.9846%
Deloitte684.6821%
PwC756.9615%
KPMG755.0414%
GT217.384%

Here are further details of the companies, their auditors, and total fees. AT&T is the biggest audit client in the market bringing in total audit fees of $67.10 million to EY Dallas office. AT&T is also the largest audit client for EY in the US. Exxon Mobil is the next biggest audit client in the market paying a total fee of $42.50 million to PwC.

CompanyHeadquarters LocationAuditorTotal ($ M)
AT&T Inc.Dallas, TexasEY67.10
Exxon Mobil Corp.Irving, TexasPwC42.50
Baker Hughes CoHouston, TexasKPMG27.50
McKesson Corp.Irving, TexasDeloitte26.51
Occidental PetroleumHouston, TexasKPMG15.90
Phillips 66Houston, TexasEY14.50
Kimberly-ClarkIrving, TexasDeloitte14.10
Jacobs Engineering GroupDallas, TexasEY13.89
ConocoPhillipsHouston, TexasEY13.80
Halliburton Co.Houston, TexasKPMG12.30
Texas InstrumentsDallas, TexasEY12.23
Sysco Corp.Houston, TexasEY11.53
National Oilwell Varco Inc.Houston, TexasEY11.13
Valero EnergySan Antonio, TexasKPMG9.30
Kinder MorganHouston, TexasPwC9.00
Flowserve CorporationIrving, TexasPwC8.29
Alliance Data SystemsPlano, TexasDeloitte8.19
CenterPoint EnergyHouston, TexasDeloitte8.11
CelaneseIrving, TexasKPMG7.11
Marathon Oil Corp.Houston, TexasPwC5.87
Quanta Services Inc.Houston, TexasPwC5.73
American Airlines GroupFort Worth, TexasKPMG5.44
Apache CorporationHouston, TexasEY5.19
HollyFrontier CorpDallas, TexasEY4.86
Waste Management Inc.Houston, TexasEY4.60
Comerica Inc.Dallas, TexasEY4.32
Globe Life Inc.McKinney, TexasDeloitte4.20
Pioneer Natural ResourcesIrving, TexasEY3.69
Crown Castle International Corp.Houston, TexasPwC3.60
EOG ResourcesHouston, TexasDeloitte3.58
Atmos EnergyDallas, TexasEY3.52
Noble Energy IncHouston, TexasKPMG3.37
Copart IncDallas, TexasEY2.82
D. R. HortonFort Worth, TexasEY2.78
Southwest AirlinesDallas, TexasEY2.20
Concho ResourcesMidland, TexasGT1.91
Cabot Oil & GasHouston, TexasPwC1.88
Diamondback EnergyMidland, TexasGT1.69

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / /

PwC Maryland and Delaware clients

Home » pwc clients » Page 4

There are 10 S&P 500 companies headquartered in Maryland and Delaware. Deloitte has no audit clients in these two states. PwC Baltimore leads with 4 clients earning a total fee of $83 million. EY and KPMG has 4 and 2 clients respectively.

Auditor# of companies auditedTotal fees ($ million)%
PwC483.4460%
EY447.3034%
KPMG28.566%

The detailed listing of clients is as follows. DuPont is the biggest client in the region paying $46.41 million in audit fees. Corteva, a company recently separated from DuPont is number 3 on the list paying PwC $19.80 million in audit fees. Lockheed and Marriott are two biggest clients in Baltimore.

CompanyHeadquarters LocationAuditorTotal
DuPont de Nemours IncWilmington, DelawarePwC46.41
Lockheed Martin Corp.Bethesda, MarylandEY25.27
CortevaWilmington, DelawarePwC19.80
Marriott Int'l.Bethesda, MarylandEY13.34
Discovery, Inc. (Class A)Silver Spring, MarylandPwC13.16
McCormick & Co.Hunt Valley, MarylandEY6.40
T. Rowe Price GroupBaltimore, MarylandKPMG5.38
Under Armour (Class A)Baltimore, MarylandPwC4.07
Host Hotels & ResortsBethesda, MarylandKPMG3.18
IncyteWilmington, DelawareEY2.29
Federal Realty Investment TrustRockville, MarylandGT1.41

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / /

Big4 clients in Massachusetts

Home » pwc clients » Page 4

There are 21 S&P 500 companies headquartered in Massachusetts. There will be big changes happening to this list come next year, thanks to GE switching from KPMG to Deloitte. PwC Massachusetts office leads with 8 audit clients bringing in total fees of $94.6 million.

Auditor# of companies auditedTotal fees ($ million)%
PwC894.6034%
EY574.9226%
Deloitte631.1411%
KPMG281.5929%

GE is the biggest client in the market with KPMG as their auditor. They recently picked Deloitte as the new auditor ending a century old relationship with KPMG. The second biggest client in the market is Thermo Fisher Scientific audited by PwC. The other big4 clients in the Boston market are as follows:

CompanyHeadquarters LocationAuditorTotal Fees ($ M)
ABIOMED IncDanvers, MassachusettsDeloitte1.35
Akamai Technologies IncCambridge, MassachusettsPwC5.20
Alexion PharmaceuticalsBoston, MassachusettsPwC5.40
American Tower Corp.Boston, MassachusettsDeloitte9.83
Analog Devices, Inc.Norwood, MassachusettsEY6.15
Biogen Inc.Cambridge, MassachusettsPwC6.78
Boston PropertiesBoston, MassachusettsPwC3.83
Boston ScientificMarlborough, Massachusetts[4]EY14.98
Eversource EnergySpringfield, MassachusettsDeloitte5.64
General ElectricBoston, MassachusettsKPMG79.10
HologicMarlborough, MassachusettsEY11.50
IPG Photonics Corp.Oxford, MassachusettsDeloitte2.53
Iron Mountain IncorporatedBoston, MassachusettsDeloitte6.82
PerkinElmerWaltham, MassachusettsDeloitte4.97
Raytheon TechnologiesWaltham, MassachusettsPwC15.20
Skyworks SolutionsWoburn, MassachusettsKPMG2.48
State Street Corp.Boston, MassachusettsEY35.20
Thermo Fisher ScientificWaltham, MassachusettsPwC39.84
TJX Companies Inc.Framingham, MassachusettsPwC12.02
Vertex Pharmaceuticals IncCambridge, MassachusettsEY7.09
Waters CorporationMilford, MassachusettsPwC6.32

Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.

Tagged : / / / / / / / /