The Financial Reporting Council Reports On Conviviality And Autonomy

The Financial Reporting Council has had a busy week. It has published its plans for changes at the Big 4 accountancy firms, and further evidence of its enforcement success on failed audits in Conviviality and Autonomy has emerged. In particular, the finding against Deloitte and two audit partners in the Autonomy case will confirm the need for reform as the Tribunal, chaired by Lord Dyson, has found that they “signally failed” in their public interest duty to uphold reliability of the reporting...<BR />By: <a href="https://www.jdsupra.com/profile/Morrison_Foerster/">Morrison & Foerster LLP</a>

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