Mazars

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The Financial Reporting Council (FRC) has commenced an investigation in relation to the audit conducted by Mazars LLP of the financial statements of Studio Retail Group plc. The investigation concerns the period ended 26 March 2021, a month after the group was purchased by Mike Ashley's Frasers Grou

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Accountancy firm Mazars has repaid the £1.1 million of furlough money it received from the UK Government at the start of the coronavirus crisis. Mazars, which is the UK's ninth largest accountancy firm with over 2,250 employees, repaid the money on Monday.

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BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday

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The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe

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