The News Craving
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City AM
City AM
By Jack Mendel A financial regulator has slapped a fine on Deloitte and an auditor over breaches in a financial statement. Deloitte LLP and Simon Manning, Audit Engagement Partner, were reprimanded over the statements for 2015 and 2016. Executive Counsel of the Financial Reporting Council told Deloitte to pay £1.25m. This it said was brought down to £906,250 for admissions and early disposal. It was also told to publish a statement of severe reprimand, declaring that audit reports in 2015 and 201 did not satisfy requirements. Manning has been fined £50,000, brought down to £26,250, and must al…