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Grant Thornton UK fined £2.3m for Patisserie Valerie audit misses

Summary by Ground News
Accountants also appeared to have difficulty obtaining basic information from bank statements. In one case, nearly three-quarters of the group’s entire annual revenue was received in one payment from a third party company. Large cash receipts from traders called Market Pete and Browm [sic] Bread should also have raised red flags but didn’t.

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The Telegraph broke the news in London, United Kingdom on Monday, September 27, 2021.
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