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Deloitte fined £6.05 million in UK over audits of transport operator Go-Ahead Group

By Reuters1 min readInvesting.com
Deloitte fined £6.05 million in UK over audits of transport operator Go-Ahead GroupDeloitte fined £6.05 million in UK over audits of transport operator Go-Ahead Group

Deloitte fined £6.05 million in UK over audits of transport operator Go-Ahead Group

LONDON, Oct 8 (Reuters) - Accounting firm Deloitte has been fined £6.05 million ($7.98 million) over its audits of transport operator Go-Ahead Group for the financial years between 2016 and 2020, Britain’s Financial Reporting Council said on Thursday.

The FRC said the financial penalty had been reduced from £11 million due to Deloitte’s "exceptional cooperation" and admissions.

($1 = 0.7578 pounds)