Financial Services Financial Services

Quality of BDO, Mazars audits ‘unacceptable,’ UK regulator says

By Fiona Maxwell
  • 20 Jul 2022 10:58
  • 20 Jul 2022 10:55
Audit firms BDO and Mazars have been criticized for poor-quality audits as the UK watchdog said its inspection of the two companies showed “unacceptable” failings, with results worse than last year.

The Financial Reporting Council told BDO and Mazars to take action to improve audit quality “as a matter of urgenc

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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