The firm which audits Sheffield City Council’s accounts is reopening an office in the city less than two years before the contract is up for renewal.
KPMG is opening a ‘hub’ where partners from the Leeds office will meet customers on appointments. The rooms in The Balance on Pinfold Street will be run by two support staff.
The firm closed its Sheffield office in 2000. It won the lucrative council contract – one of the biggest in the city – in 2012. It runs until April 2017.
A Sheffield City Council spokesman said: “Following the closure of the Audit Commission, Councils are likely to be able to appoint their own external auditors. The appointment process will of course follow proper tendering processes, so the opening of an office in Sheffield would certainly not influence the appointment of KPMG.”
A KPMG spokeswoman said: “Sheffield City Council is a client, however, the opening of the hub is unrelated.
“We are making this investment for the convenience of all of our clients who work in the city region and to support our market profile in the area.
“Our office in Leeds enables us to deliver a high quality service to all of our clients across Yorkshire and the new hub in Sheffield will add to this. It will act as a springboard to further link all of South Yorkshire into our global network.
“The pan regional view we have of client needs, as well as our resources and expertise, and the flexibility with which we deploy our people across the breadth of Yorkshire is a successful approach. Hence, we intend to maintain it, complemented by our Sheffield hub.”
Accountancy firms PwC and Grant Thornton have offices in Sheffield.