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BDO Fined £2 Million by Watchdog Over NMCN Audit Failures
Audit firm BDO has been fined £2 million by the audit watchdog for 'pervasive breaches' in its audit of the collapsed construction firm NMCN. The penalty follows an investigation into the firm's conduct.
28 May, 07:55 — 28 May, 11:58
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L1
Far Left (1)
The Independent
Left
Center1
Center (1)
FT
Right
Far R
Geographic diversity— 1 region4/34
UK2
ℹAll sources from UK region
ℹOnly 2 sources cover this story
Sources
Showing 2 of 2 sources
FTVery High23d ago
BDO fined £2mn for ‘pervasive breaches’ in audit of collapsed NMCN
UK regulator says mistakes in work for construction company were ‘significant and serious’
Read full article →The IndependentMostly Factual23d ago
BDO fined £2m by audit watchdog after collapse of construction firm NMCN
The Financial Reporting Council also handed one of the accounting firm’s most senior partners, Geraint Jones, a fine.
By Henry Saker-Clark
Read full article →Coverage Timeline
First report: FT · 28 May, 07:55|Full coverage: 2 · 4h|Window: 4h
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