FRC to investigate EY audit of Made.com
20-04-20232:42 PM GMTby Thomas Parker, Shard Financial Media
The Financial Reporting Council (FRC) has launched an investigation into EY in relation to its audit of Made.com.
Thomas Parker
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
Thomas Parker
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
The decision was made at a meeting of its conduct committee today (20 April). The investigation with focus on the audit the professional services conducted in 2021 and will be carried out by the FRC’s enforcement division.
The e-commerce company collapsed into administration in November last year, before the brand was purchased by Next for £3.4m.
TRI Strategy has reached out to EY for comment.
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