The Financial Reporting Council (FRC) announces the following matters in relation to Mitie Group plc (Mitie):
- Its decision to open an investigation under the Accountancy Scheme in relation to the preparation and approval of the financial statements for Mitie Group plc for the year ended 31 March 2016. This is in addition to the FRC’s ongoing investigation, announced on 31 July 2017, in relation to the conduct of Deloitte LLP’s audit of Mitie under the Audit Enforcement Procedure (AEP). The press notice relating to it can be found here.
- The conclusion of its Corporate Reporting Review team’s review of the annual report and accounts of Mitie for the year ended 31 March 2016, which was initiated on 13 October 2016.