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Sir Philip Green awaits high court ruling on FRC challenge

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Sir Philip Green is awaiting a High Court judge’s ruling over his attempt to restrict the publication of a report by the accountancy watchdog on a BHS audit. Yesterday, the retail mogul’s holding company Taveta Investments sought a judicial review of a report on PwC’s audit of BHS, which effectively launched his court battle with the Financial Reporting Council (FRC). READ MORE: BHS auditor Steve Denison spent just “two hours” on its file Frank Field asks what Sir Philip Green “has got to hide” in BHS report Dominic Chappell mulls legal action over PwC’s discredited BHS audit PwC fined £10m over handling of BHS audit Last week, the FRC handed BHS’s former accountancy firm PwC a £10 million fine for its audit of BHS, in which it gave it a clean bill of health for the year ending August 30, 2014

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Sir Philip Green awaits high court ruling on FRC challenge

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