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FRC to probe PwC's audits of BT

29 June 2017 09:42

The Financial Reporting Council has started an investigation under the audit enforcement procedure into the audits by PricewaterhouseCoopers of the consolidated financial statements of BT Group for the years ended 31 March 2015 to 2017 inclusive.

The decision to investigate follows announcements by BT in relation to accounting issues in its Italian operations.

At 9:42am:

(LON:BT.A) BT Group PLC share price was +0.75p at 294.85p

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