Watchdog gives UHY Hacker Young a slap on the wrist for shoddy audit The FRC has reprimanded UHY Hacker Young for a substandard audit. (Getty Images) The Financial Reporting Council (FRC) has given what it described as a “severe reprimand” to UHY Hacker Young for its audit of a Malaysia-based rubber manufacturer. The FRC declared UHY Hacker Young’s 2016 audit of Inch Kenneth Kajang Rubber (IKKR) was unsatisfactory, and as a result told the accountancy firm to give staff involved in the audit more training. The FRC also personally reprimanded Julie Zhuge Wilson, who was the audit engagement partner on the project.