Regulators
Value of fines issued by FRC up 29% in the past year
The increase in the number of fines has been driven by an uptick in fines levied against the Big Four accountancy firms from 14 in 2021/22 to 19 in 2022/23
The value of fines issued by the FRC against auditors has risen by 29% in the past year, from £21m to £27m ended 31 August, according to new research by Thomson Reuters.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
