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AuditBig Four

FRC to investigate Deloitte’s audit of Lookers

The news follows a decision made by the council at a meeting of the conduct committee on 23 February 2021

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The Financial Reporting Council (FRC) will commence an investigation into the audits made by Deloitte of the financial statements of Lookers, a car manufacturer, for the years ended 31 December 2017 and 2018, following claims of “potential fraud”.

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