Oct 19, 2021 What can be learnt from the FRC’s latest sanctions against Grant Thornton? By Benjamin Foster Lucy Isaac Ali Kirby-Harris The FRC has fined Grant Thornton £4m (discounted for admissions and early disposal to £2.34m) in relation to the “serious lack of...
Feb 05, 2021 A cultural reset for trial witness evidence in (most of) the Business and Property Courts of England and Wales By Alice Brindle Rachel Stephens Lucy Isaac Victoria Rowley +1 more... Show less In recent years, judicial criticism of ‘over-lawyered’ witness statements in the Business and Property Courts (BPCs) has been growing...
Jun 16, 2020 High Court decides auditors – not audit clients – are to assess whether documents are privileged and can be withheld from the FRC By Lucy Isaac An auditor producing documents to the Financial Reporting Council (the FRC) must make its own assessment of whether those documents are...