FRC investigates audit of former AIM company subsidiary

A technology company that is a former subsidiary of a company that had been quoted on AIM before it was taken over has sparked a Financial Reporting Council (FRC) investigation into the auditing of its accounts by accountant Crowe UK LLP.

The investigation into this audit covers the accounts for 2016, 2017 and 2018. The FRC has been busy in recent times investigating past company accounts.

Last month, the FRC published its final decision notice concerning the role of auditor Grant Thornto...

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