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FRC launches investigation into EY's Thomas Cook auditing

The Financial Reporting Council (FRC) has launched an investigation into EY for its 2018 auditing of Thomas Cook, following the travel company’s collapse.

FRC launches investigation into EY's Thomas Cook auditing
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(FRC) audits Thomas Cook

Set to be conducted by the FRC’s enforcement division under the audit enforcement procedure, the investigation will cover EY’s audit of Thomas Cook’s financial statements for the year ending on 30 September 2018.

Read more at Accountancy Age

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