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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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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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PwC fined £5m for misconduct in company’s audit

12/05/2017(0)
PwC LLP and Stephen Harrison fined for Misconduct in relation to Connaught plc PwC and Stephen Harrison, a retired PwC audit partner, have been severely reprimanded and fined £5m and ... Read More
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FRC launch investigation into KPMG

04/05/2017(0)
FRC launch investigation into KPMG in relation to the audit of the financial statements of Rolls-Royce Group The Financial Reporting Council (FRC) has commenced an investigation under the Audit ... Read More
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Grant Thornton UK fined £2.3m over audit failures

24/04/2017(0)
Grant Thornton UK LLP (“GT”) and Robert Napper (a retired GT Partner) (together, the “Respondents”), have admitted Misconduct and agreed to fines and other sanctions. This follows the conclusion ... Read More
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PwC and ex RSM Tenon chief face complaints from the FRC

15/12/2016(0)
The Financial Reporting Council’s (FRC) Executive Counsel has delivered a disciplinary Formal Complaint in connection with the conduct of PricewaterhouseCoopers LLP (PwC), Nicholas Boden (PwC’s Senior Statutory Auditor and ... Read More
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KPMG faces disciplinary formal complaints over audit concerns

07/09/2016(0)
The Financial Reporting Council’s (FRC) Executive Counsel has delivered disciplinary formal complaints under the Accountancy Scheme and the Actuarial Scheme in connection with the conduct of KPMG LLP, Mr ... Read More
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PwC fined £2.3m by FRC

01/09/2016(0)
Disciplinary case relating to PwC’s audits of Cattles plc and Welcome Financial Services Limited The Financial Reporting Council (FRC) announced the outcome of the disciplinary case relating to PricewaterhouseCoopers LLP ... Read More
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FRC is to investigate PwC over its auditing of BHS

01/08/2016(0)
The Financial Reporting Council (FRC) is to investigate PwC over its auditing of BHS for the 2014 financial year, following on from criticism of the firm’s actions in signing ... Read More
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FRC to investigate KPMG over HBOS audit

29/06/2016(0)
The Financial Reporting Council (FRC) has announced it will be holding an investigation under the accountancy scheme into the conduct of KPMG’s audit of HBOS for the year ended ... Read More
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