The Financial Reporting Council (FRC) has meted out severe reprimands to both parties, and ordered Deloitte to pay a further £2.275m for costs of proceedings.
Read the full story at Accountancy Age.
Record fine for Deloitte and audit partner over Aero misconduct
Deloitte has been fined a record £4m and its partner John Clennett has been fined £150,000 for misconduct regarding Aero Inventory.
