FINANCE

Grant Thornton fined over pension audit

Grant Thornton has been fined by the Financial Reporting Council for ‘failures’ in its audit of an unnamed local authority’s pension fund.

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By Martin Ford | 08 April 2024

Grant Thornton has been fined by the Financial Reporting Council (FRC) for ‘failures' in its audit of an unnamed local authority's pension fund.

The FRC's inspection found two uncorrected material errors in the pension fund's audited financial statements included in the local authority's annual report for 2020-21.

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Martin Ford

Popular articles by Martin Ford

  1. Rise in sustainability and governance weaknesses
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  3. Ombudsman takes councils to task over leaks
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