FRC
EY fined nearly £5m over Thomas Cook audits
The collapse of travel company Thomas Cook in 2019 left thousands of holidaymakers stranded
Accounting watchdog probes BDO’s audit of Home REIT
Mid-market auditor investigated over sheltered housing investor’s accounts
1 min read
KPMG investigated over Entain audit
Big Four accountancy firm probed over gambling company audit
1 min read
‘Muppets and miscreants’ don’t speak for auditors, FRC boss says
The head of the audit watchdog wants to restore the profession’s reputation after a series of crises
2 min read
Audit watchdog frees up corporate governance code in bid to keep UK on top
City leaders welcome flexibility in new rules
3 min read
PwC cleared in Intu Properties audit probe
Regulator drops investigation into PwC’s audits of property firm Intu
1 min read
City chiefs: Audit regulator must boost competitiveness
Capital Markets Industry Taskforce piles on the pressure for regulatory change ahead of Chancellor’s speech
3 min read
Keith Skeoch: Reform the audit sector before another blow-up
The 66-year-old former Standard Life Aberdeen CEO could have retired when he quit the audit watchdog. He instead chose to return to the City
6 min read
KPMG fined record £30m over Carillion auditing scandal
KPMG UK hit with record fine over ‘exceptional’ failures in audits of Carillion
2 min read
FRC chief executive set for exit to lead HS2
Jon Thompson will continue as chief executive of the FRC on a part-time basis until the end of his six months’ notice period
2 min read
Audit regulator unfairly dismissed ‘exhausted and stressed’ employee, tribunal finds
The FRC treated a stressed manager unfairly, an employment hearing has decided
3 min read
Accounting regulator to crack down on exam cheaters after EY hit with $100m fine
EY landed a record fine for failing to tell regulators that some of its auditors had cheated on required ethics exams
EY audit quality slides ahead of potential split
Regulator finds more than a third of audits require improvement
Ex-KPMG junior escapes fine in Carillion document forging case as senior auditors banned from practice
Ex-KPMG accountants fined and banned for role in Carillion cover-up
PwC fined £2.5m over BT fraud audit failures
One of the firm’s former audit partners was fined £60,000
Audit regulator tightens rules with new register
The public-interest entities auditor register will determine who can audit the financial statements of large listed companies or financial institutions
3 min read