Ex-BDO auditor banned for 20 years for faking signatures and documents

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Financial Times 12h ago

Ex-BDO auditor banned for 20 years for faking signatures and documents - Financial Times

Quick Summary:

The findings are another blow for BDO, the world’s fifth-largest accountant, which was recently criticised by authorities in both the US and UK for having unacceptably high levels of errors in its audits of companies.

When confronted, she “left the firm before her impending dismissal for gross misconduct” and the firm then reported its findings to the FRC and conducted an internal probe that reported to regulators and senior managers in February 2021.

A former auditor at BDO has been given a 20-year ban by the regulator for faking electronic signatures and evidence and filing false company accounts.