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Watchdog hits accountancy firm with £825,000 fine

Accountancy watchdog the Financial Reporting Council (FRC) has fined Moore Stephens successor firm MSR Partners for failings in its audit of Laura Ashley.

Watchdog hits accountancy firm with £825,000 fine
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MSR Partners is a successor business of Moore Stephens - which merged with BDO in February. The FRC fined MSR Partners £825,000 - reduced to £455,813 - and published a severe reprimand and said that the 2016 audit reported signed on behalf of Moore Stephens did not satisfy relevant requirements.

Read more at City AM.

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