Financial Reporting Council: Misconduct
(asked on 8th November 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what plans they have, if any, to publish a list showing fines collected from auditors admonished for misconduct by the Financial Reporting Council.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 22nd November 2021
The Financial Reporting Council (FRC) publishes all financial sanctions imposed against audit firms and individuals in an Outcomes document on its website. This document is maintained and updated throughout the year.
In addition, on a yearly basis, the FRC publishes its Annual Enforcement Review, which contains a list of all sanctions imposed in the year. The Review for 2021 is available on the FRC website.