Investegate |Financial RepCouncil Announcements | Financial RepCouncil: Sanctions against Deloitte LLP and Simon Manning
Investegate announcements from Financial RepCouncil, Sanctions against Deloitte LLP and Simon Manning
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Investegate announcements from Financial RepCouncil, Sanctions against Deloitte LLP and Simon Manning
Among the companies with reports and trading updates today are Deloitte, Asos, Made and Journeo.
Deloitte has been handed a hefty fine by the FRC over failings in relation to its audits of building materials supplier SIG plc
The penalty of 1.25 million pounds which was reduced to 906,250 pounds was levied on Deloitte LLP by the Financial Reporting Council (FRC) after the company admitted breaches over its work on SIG's financial statements.
The Financial Reporting Council said it had imposed a penalty of £1.25million on Deloitte, reduced to £906,250 after it admitted breaches over its work on SIG's financial statements.