Altium Limited Announces new auditor
- Software company Altium Limited (ALU) has appointed KPMG as it auditor, replacing PricewaterhouseCoopers (PwC)
- The company says in addition to its two decade tenure as Altium’s auditor, PwC has become a valued provider of a range of non-audit services and will continue to do so
- The Altium board took PwC’s tenure and the company’s reliance on PwC for non-audit services when it decided to conduct a tender selection process
- A resolution will be tabled at Altium’s next annual general meeting in 2022 to confirm the appointment of KPMG
- Altium shares are up 2 per cent to trade at $42.95 at 3:43 AEDT
