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UK Financial Reporting Council Opens Investigation into Deloitte Audit of Collapsed Fashion Retailer Joules Group, Went into Solvency Administration in November 2022
12th May 2023 | Hong Kong
The UK Financial Reporting Council (FRC) has opened an investigation into Deloitte’s audit of collapsed fashion retailer Joules Group, which went into UK solvency administration in November 2022. UK FRC (9/5/23): “The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audit conducted by Deloitte LLP of the consolidated financial statements of Joules Group plc for the year ended 30 May 2021. The decision was made at a meeting of the FRC’s Conduct Committee on 20 March 2023. The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.”
” UK Financial Reporting Council Opens Investigation into Deloitte Audit of Collapsed Fashion Retailer Joules Group, Went into Solvency Administration in November 2022 “
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