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Financial Reporting Council

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Grant Thornton fined £3m by a watchdog for misconduct over audits

30/08/2018(0)
The Financial Reporting Council (FRC), the independent, investigative and disciplinary body for accountants and actuaries in the UK, has issued an announcement to inform that has fined and reprimanded Grant ... Read More
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Closure of investigation into KPMG’s audit of HBOS plc

19/09/2017(0)
The Financial Reporting Council (‘FRC’) announces the closure of its investigation into the conduct of KPMG’s audit of HBOS plc for the year ended 31 December 2007. The Executive ... Read More
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PwC under investigation over BT audits

29/06/2017(0)
The Financial Reporting Council (FRC) has issued today an announcement to inform that investigation opened into the audit of the financial statements of BT Group plc. According the announcement:  ... Read More
PwC-building

Accounting watchdog announces the closure of its investigation into PwC as auditors of Tesco

06/06/2017(0)
The Financial Reporting Council (‘FRC’) announces the closure of its investigation into the conduct of PricewaterhouseCoopers LLP (‘PwC LLP’) and certain Members of the Institute of Chartered Accountants in ... Read More
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Formal Complaints against Mr Stephen Harrison and PwC, and Mr Stephen Hill and David Wells relating to Connaught plc

13/10/2015(0)
The Financial Reporting Council’s Executive Counsel has delivered two disciplinary Formal Complaints in connection with the conduct of: Stephen Harrison (PwC’s Senior Statutory Auditor and Audit Engagement Partner) and ... Read More
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UK watchdog hands KPMG fines totalling £390,000

04/02/2015(0)
The UK accountancy watchdog said on Tuesday it had fined KPMG a total of £390,000 for putting commercial considerations above ethical standards for auditors in two separate cases of ... Read More
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Britain’s audit watchdog revises corporate governance code

17/09/2014(0)
Britain’s audit and accounting watchdog has overhauled its corporate governance code for UK companies, it said on Wednesday, to make them safer for investors by giving more information about ... Read More
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Accountant gets three year ban over audit failures

16/09/2014(0)
A tribunal has excluded an ICAEW member from membership of the profession for three years following a Financial Reporting Council (FRC) investigation over audit failures. The accountant, Paul Newsham ... Read More
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