Financial Services Financial Services

UK audit inspections reveal BDO, Mazars as having ‘unacceptable’ shortcomings

By Phoebe Seers
  • 06 Jul 2023 10:46
  • 06 Jul 2023 10:46
Audit firms BDO and Mazars will continue to face increased monitoring by the UK sector watchdog after inspections of their audits over the last financial year revealed “unacceptable” shortcomings. 
The Financial Reporting Council said it was disappointed to see that many, if not all, of the failures identified in last

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

Discover MLex

Stay on top of global regulatory developments

Latest News