Senior Lawyer in the Enforcement Division of the FRC, with responsibility for leading the investigation and prosecution of complex and / or high-profile audit and accounting matters affecting the UK public interest.Recent matters include: i) Leading a substantial investigation into PwC's FY2017 & FY2018 statutory audits of Babcock International Group plc. Numerous and serious audit failings were identified including repeated failures to challenge management and the failure to follow basic audit requirements, evidencing a lack of competence, care or diligence. A lack of independence was also identified in respect of the inappropriate provision of accounting advice to management. Sanctions included a £7.5m fine for PwC (pre-settlement discount). https://www.frc.org.uk/news/march-2023/sanctions-against-pwc-and-two-former-audit-partnerii) KPMG / Silentnight Tribunal proceedings: Contested tribunal proceedings against KPMG and a partner in respect of pre-insolvency engagements. Significant sanctions were imposed (inc. £13.5m in fines, 13 year exclusion from membership and insolvency practice) and findings of dishonesty, lack of integrity and lack of objectivity were made. (https://www.frc.org.uk/news/august-2021/sanctions-against-kpmg-and-former-partner-in-relat)
Listed skills include Advising Management, Advising Office Holders, Corporate And Debt Restructuring, Corporate Insolvency, and 26 others.