BRP Inc. Taps PwC as Next Auditor, Ending Deloitte's Decades-Long Tenure

Event summary

  • BRP Inc. will replace Deloitte LLP with PricewaterhouseCoopers LLP as its external auditor starting fiscal year 2027.
  • The transition follows a comprehensive RFP process led by BRP's Audit Committee during Q2 2026.
  • PwC was selected for its audit team strength, innovative approach, and advanced technology capabilities.
  • Deloitte will serve through January 31, 2026, with PwC taking over after the 2026 Annual Meeting of Shareholders.

The big picture

BRP's decision to switch auditors after a long tenure with Deloitte reflects a broader trend in corporate governance toward periodic auditor rotation to ensure independence and fresh perspectives. The move underscores BRP's commitment to maintaining strong governance practices amid its expansion in the powersports and recreational vehicle sectors. With annual sales of CA$7.8 billion, the transition could signal a strategic realignment in how BRP manages its financial oversight.

What we're watching

Audit Transition Impact
How the shift from Deloitte to PwC will affect BRP's financial reporting and governance practices.
Regulatory Scrutiny
Whether the change in auditors will draw regulatory attention or require additional disclosures.
Market Perception
The pace at which investors and analysts react to the auditor transition and its implications for BRP's credibility.