Frc

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A gavel striking financial documents, symbolizing the FRC's fine against BDO for audit breaches at the collapsed NMCN construction company.

FRC Fines BDO for Audit Breaches at Collapsed NMCN

Audit firm BDO has been hit with a £2 million fine by the Financial Reporting Council (FRC) for 'pervasive breaches' in its 2019 audit of collapsed builder NMCN.

Ethan Caldwell·May 28, 2026