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All Grant Thornton UK articles

Article
Grant Thornton UK to pay $1.6M over Sports Direct audit failings

2022-07-18T15:39:00Z

Grant Thornton UK was fined a total of approximately £1.3 million (U.S. $1.6 million) by the Financial Reporting Council for failing to provide reasonable assurance during two separate audits at retailer Sports Direct International.
Article
Grant Thornton UK fined for ‘skepticism failures’ in Interserve audit

2021-11-01T20:07:00Z

Grant Thornton UK received a “severe reprimand” and reduced penalty of £718,250 (U.S. $981,000) for breaches that arose in the context of audit work on the 2015-17 financial statements of now-collapsed construction firm Interserve.
Article
FRC: Major audit quality at Grant Thornton UK, Mazars ‘unacceptable’

2020-10-30T16:04:00Z

The U.K. Financial Reporting Council has singled out audit firms Grant Thornton and Mazars as needing to significantly improve audit quality in the wake of recent inspection findings.