Proposal follows a Dutch law adjustment that stipulates that an audit firm may not conduct statutory audits of a listed company for more than eight consecutive years.
Wolters Kluwer will propose to the Annual General Meeting of Shareholders that will be held on April 23, 2014, the appointment of Deloitte Accountants BV, member of Deloitte Touche Tohmatsu Limited, as the company's new external audit firm. This appointment is to take effect as of the audit of the 2015 financial reporting year. Wolters Kluwer's current audit firm, KPMG Accountants NV, will remain responsible for the statutory audit of the 2014 financial reporting year. The proposal follows a Dutch law adjustment that stipulates that an audit firm may not conduct statutory audits of a listed company for more than eight consecutive years.
