FRC fines Deloitte £1.25m for SIG plc 2015/16 audit

Deloitte and Manning admitted two breaches of Relevant Requirements in relation to audit of supplier rebates and cash

The Financial Reporting Council (FRC) has issued a financial sanction of £1.25m on Deloitte in relation to the statutory audit of the financial statements of the construction company SIG pls for the financial years ended 31 December 2015 and 31 December 2016. 

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