FRC to probe Tesco accounts

clock •

The Financial Reporting Council (FRC) has today confirmed it will investigate the "preparation, approval and audit" of the financial statements of Tesco.

This comes after the Serious Fraud Office (SFO) revealed it was opening a criminal investigation into accounting practices at the retailer in October. Difficulties at the FTSE 100 company were u...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Natasha Browne

View profile
More from Natasha Browne

Equity market turmoil a wake-up call for schemes mid-valuation

FTSE350 deficits fall 7% despite market volatility

More on Law and Regulation

SPP: The potential impact of bringing pensions into the inheritance tax regime
Law and Regulation

SPP: The potential impact of bringing pensions into the inheritance tax regime

Richard Wyatt says putting pensions into the IHT regime is like fitting a square peg in a round hole

Richard Wyatt
clock 19 December 2024 • 3 min read
Government confirms no compensation will be paid to Waspi women over state pension age changes
Law and Regulation

Government confirms no compensation will be paid to Waspi women over state pension age changes

DWP finds delays to communicate state pension changes did not amount to financial loss

Martin Richmond
Martin Richmond
clock 17 December 2024 • 5 min read
ACA, APL and SPP issue update on Virgin Media case
Law and Regulation

ACA, APL and SPP issue update on Virgin Media case

Tripartite working party urges DWP to regulate to allow retrospective amendments

Jonathan Stapleton
Jonathan Stapleton
clock 17 December 2024 • 2 min read
Trustpilot