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Accounting Firms

FRC uncovers examples of exam cheating at audit firms

In a letter to the firms published on Wednesday December 21, the watchdog said the exercise had revealed ‘instances of cheating’ but added that it did not believe the problem was systemic

The UK accounting regulator has discovered examples of exam cheating at audit firms after scandals in the US, Canada and Australia prompted it to probe the possibility of similar misconduct in Britain, according to the Financial Times.

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