Martin Ford 08 April 2024

Grant Thornton fined over pension audit

Grant Thornton has been fined by the Financial Reporting Council (FRC) for ‘failures’ in its audit of an unnamed local authority’s pension fund.

The FRC’s inspection found two uncorrected material errors in the pension fund’s audited financial statements included in the local authority’s annual report for 2020-21.

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#Pensions #Audit #Fines #Finance

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