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Former Sports Direct auditor fined for ‘serious failings’

Grant Thornton, a former auditor for Sports Direct, now called Frasers Group, has been fined 1.3 million pounds by the Financial Reporting Council (FRC) due to “serious failings” when auditing the retailer’s accounts. The case relates to Grant Thornton’s auditing of Sports Direct’s financial statements for the years ended 2016 and 2018....

Jul 18, 2022