Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: London
Company Nation/Region: England
Penalty: £123,610
Year: 2024
Date: 20 November, 2024
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Grant Thornton accepted a severe reprimand and a fine in the finding of the Conduct Committee that it issued an unmodified audit opinion on the financial statements of a client which stated that the audit had been conducted in accordance with the International Standards on Auditing when Grant Thornton had failed to obtain sufficient appropriate audit evidence and failed to perform the audit with sufficient professional scepticism.
Settlement Type: Conduct Committee decision
Agency: Institute of Chartered Accountants in England and Wales
HQ Country of Parent: United States
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data: (click here)