FRC fines Grant Thornton £650,000 over ‘inadequate’ audit

Grant Thornton and one of its Audit Engagement Partners have been fined £650,000 by the FRC in relation to the statutory audit of the 2016 financial statements of a publicly listed company.
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Grant Thornton and one of its Audit Engagement Partners have been fined £650,000 by the FRC in relation to the statutory audit of the 2016 financial statements of a publicly listed company.