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FRC fines BDO £2m for 'serious' breaches related to NMCM audit

By Michele Maatouk

Date: Thursday 28 May 2026

(Sharecast News) - The Financial Reporting Council said on Thursday that it has fined BDO and one of its senior partners £2m for "significant and serious" breaches related to the accountancy firm's audit of construction company NMCM.
NMCM collapsed into administration in 2021, owing its creditors £60.5m.

The fine relates...

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