UK's FRC Sanctions BDO and Former Partners over Audit Failures
5 Articles
5 Articles
UK’s FRC sanctions BDO and former partners over audit failures
The Financial Reporting Council (FRC) in the UK has imposed penalties on BDO LLP and two of its former audit partners, John Everingham and Kevin Cook, after both the firm and individuals admitted to “misconduct” linked to a series of audit shortcomings. Following an investigation, formal complaints were filed against BDO, Everingham, and Cook in April 2025. The probe was triggered by findings that a senior manager at BDO committed dishonest a…
The King's BDO Eats a Nearly £6 Million Fine For Letting a Senior Manager Run Buck Wild
The Financial Reporting Council announced today that BDO across the pond has been hit with a multimillion-pound fine for, in essence, letting a senior manager named Amanda Nightingale throw audit standards out of the window when she worked for BDO from 2015 to 2019. Along with the firm itself, two partners — John Everingham and Kevin Cook — who maybe should have not let this happen also got fines for failing to properly supervise the senior mana…
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