FRC extends Thomas Cook audit probe
The Financial Reporting Council (FRC) has widened its investigation into EY’s auditing of collapsed travel firm Thomas Cook Group to bring in 2017 financial statements.
The regulator initially said it was looking at EY’s audit of Thomas Cook’s financial for the year ended 30 September 2018. Now it has announced the probe include an investigation into EY’s audit of Thomas Cook’s financial statements for the year ended 30 September 2017.
Read more at the Accountancy Daily.