News

This page list press notices and announcements issued by the FRC.

222 pages found.

• Publication of Final Settlement Decision Notices in respect of KPMG and two former partners

  Following the previous announcement on 12 October 2023 of the enforcement action taken relating to KPMG’s audits of Carillion plc, the FRC has today published the two full Final Settlement Decision Notices.

  9 May 2024

• Sanctions against three audit firms over the audits of London Capital & Finance plc

  The Executive Counsel of the Financial Reporting Council (“FRC”) has issued Final Settlement Decision Notices under the Audit Enforcement Procedure and imposed sanctions against three audit firms as a result of her investigation of the audits of London Ca

  7 May 2024

• Sanctions against Grant Thornton UK LLP

  Pursuant to the Auditor Regulatory Sanctions Procedure, and following an inspection by the Financial Reporting Council (FRC)’s Audit Quality Review (AQR) team, the FRC’s Enforcement Committee (Committee) has concluded that Grant Thornton UK LLP failed to

  8 April 2024

• Sanctions against KPMG LLP and audit partner

  The Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against KPMG and Adrian Wilcox (the audit engagement partner) in respect of their statutory audit of M&C

  4 March 2024

• Investigation regarding the conduct of a Member in relation to Thurrock Council’s operations and investment activities

  This Press Notice concerns the opening of an investigation into the relevant Member. The investigation does not relate to any persons other than the relevant Member and it would not be fair to treat any part of this announcement as constituting or evidenc

  3 January 2024

• Sanctions against KPMG LLP, KPMG Audit plc and two former partners

  This Press Notice concerns the outcomes of investigations into the relevant Statutory Auditor(s). No part of this announcement should be treated as making any findings in respect of the conduct of any other persons or entities.

  12 October 2023

• FRC resolves record number of enforcement cases

  27 July 2023

• Sanctions against PricewaterhouseCoopers LLP and audit partner

  29 June 2023

• Sanctions against KPMG LLP and former audit partner

  29 June 2023

• Investigation regarding the audit of Joules Group plc by Deloitte LLP

  9 May 2023

• Sanctions against KPMG LLP and Anthony Sykes

  26 April 2023

• Investigation regarding an audit conducted by Ernst & Young LLP

  20 April 2023

• Investigation regarding the audit of Made.com Group plc by Ernst & Young LLP

  20 April 2023

• Investigation regarding the audit of Carr’s Group plc by KPMG LLP

  18 April 2023

• Sanctions against KPMG LLP and Mr Stuart Peter James Smith

  13 April 2023