Thomas Cook auditors investigated by accounting watchdog

FRC announces review of EY’s auditing in wake of travel firm’s collapseBritain’s accounting watchdog has begun an investigation into EY’s audit of Thomas Cook’s accounts, just over a week after the world’s oldest travel firm collapsed.The Financial Reporting Council said its enforcement division was investigating EY’s audit of the financial statements of Thomas Cook for the year to 30 September 2018. Continue reading...