All Interserve articles

  • Grant Thornton
    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.

  • AngryShareholders
    Article

    Interserve: Carillion Part II

    2019-03-19T18:33:00Z

    In an almost carbon copy of the Carillion collapse, peer contracting firm Interserve went into administration on Friday due to a majority of its shareholders rebelling against a debt cancellation deal that would have seen their investment at even lower levels than the deal that was finally agreed to.