Closure of investigation into the financial statements of Mitie Group plc
15 July 2020
The Financial Reporting Council (FRC) today announces the closure of its investigation under the Accountancy Scheme in relation to the preparation and approval of the financial statements for Mitie Group plc for the year ended 31 March 2016.
After a detailed review of the evidence, the Executive Counsel has decided that the evidential test for bringing enforcement action is not met. Accordingly, the case has been closed.
The investigation into Deloitte LLP’s audit of Mitie Group plc’s financial statements for the years ended 31 March 2015 and 2016 remains ongoing.