WebJul 19, 2024 · Grant Thornton have been fined £1.3m for “fundamental failings” when carrying out auditing work on Sports Direct, the Financial Reporting Council (FRC) has said. The FRC had scrutinised Grant ... WebJul 19, 2024 · The Financial Reporting Council (FRC) has fined Grant Thornton UK LLP £1.3m for “serious failings” in the statutory audits of Sports Direct International plc for the financial years ended 24 April 2016 and 29 April 2024. Grant Thornton’s former partner, Philip Westerman, has also received a sanction of £79,575. For the 2016 audit, Grant ...
Grant Thornton fined £2.3m for Patisserie Valerie audits
WebDec 10, 2024 · Accountancy firm Grant Thornton has been fined $650,000 for “inadequate” audit work for an unnamed listed company in 2016 that involved a series of “failures”. The Financial Reporting ... WebNov 1, 2024 · Grant Thornton has been fined more than £700,000 by the UK accounting regulator for audit failures at Interserve, the former FTSE 250 outsourcer which fell into … churchmans tobacco
Grant Thornton fined £2.3m for Patisserie Valerie audits
WebNov 1, 2024 · The lead of the Interserve audit and a former partner at Grant Thornton, Simon Lowe, was also fined and reprimanded by the FRC. His fine, reduced from £70,000, fell just shy of £40,000. WebNov 1, 2024 · Grant Thornton has been fined £718,250 - reduced down from £1.3m - and severely reprimanded after the FRC found there were serious evidence and scepticism failings by the auditors in the audit of Interserve. Simon Lowe, the then senior statutory auditor on the audit engagement, was also reprimanded by the FRC and fined £70,000, … WebJul 8, 2024 · Grant Thornton was fined 650,000 pounds by the FRC in December 2024 for errors in an audit of a company that the regulator declined to name. It is also being … dewalt cordless drill price philippines