FRC investigates ex-Carillion directors over financial reporting

Accounting watchdog scrutinises statements prepared by Richard Adam and Zafar Khan from 2014 to 2017 Britain’s accounting watchdog has started an investigation into two former finance directors of Carillion, the construction firm that collapsed in January, confirming last week’s Guardian report.The Financial Reporting Council said it is investigating the conduct of Richard Adam and Zafar Khan, in relation to their reporting of financial statements of the failed government contractor