Sanctions against Crowe UK LLP and Nigel Bostock

News ESG Sanctions & Fines

Date: 10th Dec, 2024 Source: Financial Reporting Council (FRC) Country: United Kingdom Original Source

Brief

"On 10/12/2024, the Financial Reporting Council (FRC) issued an update regarding Sanctions against Crowe UK LLP and Nigel Bostock. The FRC imposed sanctions on Crowe and Mr. Bostock for breaches of Relevant Requirements in the audit of Akazoo Limited's financial statements from FY16 to FY18, including failing to obtain sufficient understanding of the business, identify key audit risks, and maintain professional scepticism."

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Financial Reporting Council (FRC)

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Sanctions against Crowe UK LLP and Nigel Bostock

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Sanctions against Crowe UK LLP and Nigel Bostock

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