Deloitte Fined 6M Pounds Over Go-Ahead Audits
Accounting firm Deloitte was fined 6.05 million pounds by British regulators regarding its audits of transport operator Go-Ahead Group. The financial reporting council cited failures to properly challenge the retention of public money over several years.
Deloitte was fined £6.05 million ($7.98 million) by the United Kingdom's Financial Reporting Council over audits of transport operator Go-Ahead Group. The penalty was reduced from £11 million due to Deloitte's cooperation. It follows failures to challenge the retention of over £30 million in public funds.
