The Financial Reporting Council said it is investigating the way in which Deloitte handled the audit of the Joules fashion chain accounts in the year to the end of May 2021.
The FRC said it was looking into the way the accounts that year were put together. It said it had made the decision to investigate during a meeting of its conduct committee back on March 20.
The FRC regulates auditors, accountants and actuaries, and sets the UK’s corporate governance and stewardship codes in order promote “transparency and integrity in business”.
