The UK’s audit regulator has stepped in to the Manchester City case, saying it is making “preliminary inquiries” into accountancy firm BDO, which signed off the soccer club’s accounts. The move reopens debate on possible gaps in statutory powers to hold companies and directors to account, and on the quality
Manchester City case sends out ripples beyond football as FRC steps in
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Audit regulator moves to examine audit, prompting questions about gaps in holding companies and directors accountable.