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FRC launches investigations over the audits of London Capital & Finance plc

The Financial Reporting Council (FRC) has commenced three investigations into the audits of London Capital & Finance plc

The Financial Reporting Council (FRC) has commenced three investigations into the audits of London Capital & Finance plc for the one month period ended 30 April 2015 (carried out by Oliver Clive & Co.), the year ended 30 April 2016 (carried out by PwC) and the year ended 30 April 2017 (carried out by EY).

The investigations will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.

 

 

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