The U.K. Financial Reporting Council has launched investigations into two leading financial services companies in the U.K.
FRC, which sets and enforces accounting, auditing and actuarial standards in the U.K. and Ireland, said June 8 that it would examine Deloitte LLP’s work in preparing, approving and auditing of the financial statements of companies within Serco Group plc for the financial years ended December 31, 2011 and December 31, 2012.
via U.K. Watchdog Opens Inquiries into Major Accounting Firms | Bloomberg BNA
