Investigation regarding the audit of Intu Properties plc by PwC LLP
News types: Investigations
Published: 16 February 2023
This Press Notice concerns the opening of an investigation into the relevant Statutory Auditor(s). The investigation does not relate to any persons other than the relevant Statutory Auditor(s) and it would not be fair to treat any part of this announcement as constituting or evidencing an investigation into any other persons or entities.
The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audits conducted by PricewaterhouseCoopers LLP of the consolidated financial statements of Intu Properties plc for the years ended 31 December 2017 and 31 December 2018.
The decision was made at a meeting of the FRC’s Conduct Committee on 24 January 2023.
The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.
The Financial Reporting Council (“FRC”) has commenced an investigation in relation to the audits conducted by PricewaterhouseCoopers LLP of the consolidated financial statements of Intu Properties plc for the years ended 31 December 2017 and 31 December 2018.
The decision was made at a meeting of the FRC’s Conduct Committee on 24 January 2023.
The investigation will be conducted by the FRC’s Enforcement Division under the Audit Enforcement Procedure.