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BDO, Mazars face ban from auditing largest UK clients if quality doesn't improve

By Phoebe Seers ( July 30, 2024, 10:24 GMT | Insight) -- The auditors BDO and Forvis Mazars have been warned they face a prohibition against auditing large clients in the UK if the quality of their work doesn't improve. The Financial Reporting council said there had been a significant decline in audit quality and the watchdog has upped its supervision of the pair while tailored plans to address deficiencies are implemented. The auditors BDO and  Forvis Mazars have been warned they face a prohibition against auditing large clients in the UK if the quality of their work doesn’t improve. The Financial Reporting council said there had been a significant decline in audit quality and the watchdog has upped its supervision of the pair while tailored plans to address deficiencies are implemented. ...

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