Basic Search  |  Summaries  |  Advanced SearchCompany City/Town: London
Company Nation/Region: England
Penalty: £12,000
Year: 2016
Date: 13 October, 2016
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: Grant Thornton UK LLP, Grant Thornton House, Melton Street, Euston Square, London, NW1 2EP, has agreed to pay a regulatory penalty of £12,000, which was decided by the Audit Registration Committee. This was in view of the firm's admitted breach of audit regulation 3.02 for failing to ensure that an individual did not act as audit engagement partner and engagement quality control reviewer of a listed entity for a combined period of service of more than seven years.
Action Type: agency action
Settlement Type: Audit Registration 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)