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Forbes/AFX News Limited: Royal Dutch Shell sacks KPMG, keeps PwC as sole auditor: 27 October 2005

 

LONDON (AFX) - Royal Dutch Shell PLC has sacked KPMG and retained PriceWaterhouseCoopers as its sole auditor.

 

Prior to the union of Royal Dutch Petroleum NV and Shell Transport and Trading PLC this year, the group's accounts were jointly checked by PwC and KPMG.

 

KPMG's contract will end on Nov 7.

 

'The choice of a single audit firm for the company is another step towards simplification and standardisation of our processes,' said chief finance officer Peter Voser.

 

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