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Accounting FirmsRegulators

FRC commences investigation into BDO audit of NMCN

Construction specialist company NMCN fell into administration on 4 October 2021 after it succumbed to £43m of losses in its 2020 accounts and experienced cash flow difficulties throughout 2021

The Financial Reporting Council (FRC) has revealed it has commenced an investigation in relation to the audit conducted by BDO of the consolidated financial statements of NMCN for the year ended 31 December 2019.

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