This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:CGI Group to seek approval for auditor appointment 2009-10-30 08:58 ET - News Release Mr. David Anderson reports CGI TO RECOMMEND THE APPOINTMENT OF ERNST & YOUNG AS NEW AUDITOR CGI Group Inc.'s board of directors will recommend to its shareholders the appointment of Ernst & Young to serve as the company's auditor for the fiscal year started Oct. 1, 2009. This recommendation follows a comprehensive selection process overseen by the company's audit and risk management committee. If the recommendation is accepted, Ernst & Young will replace the company's current auditor, Deloitte & Touche LLP. Deloitte will complete its mandate for the delivery of the audited opinion on the financial statements for the fiscal year ended Sept. 30, 2009.
"CGI has always been satisfied with the quality of the service provided by Deloitte," said David Anderson, executive vice-president and chief financial officer, CGI. "We have made the decision to recommend the appointment of a new auditor subsequent to Deloitte's acquisition of a competitor's U.S. federal government business. Our business units, which provide a wide range of IT services to federal government agencies, state and local governments, and to commercial enterprises, are now competing directly with Deloitte."
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