Forvis Mazars sanctioned by UK regulator for Studio Retail audit failings
By Maciej Boguslawski ( July 2, 2026, 15:22 GMT | Insight) -- Audit and professional services firm Forvis Mazars and one of its audit partners have been sanctioned by the UK’s audit watchdog for serious failings in an audit of Studio Retail Group. The company entered administration around eight months after the audit report was signed. The Financial Reporting Council said it was not alleging the audit shortcomings caused the company's insolvency. Audit and professional services firm Forvis Mazars and one of its audit partners have been sanctioned by the UK’s audit watchdog for serious failings in an audit of Studio Retail Group before the firm entered insolvency proceedings. ...
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