Sanctions have been imposed against Baker Tilly UK Audit LLP ("Baker Tilly") and its partners Richard King and Steven Railton, following an investigation by the Financial Reporting Council (FRC), in relation to the audit of the financial statements of Tanfield Group plc ("Tanfield") and two of its subsidiaries for the year ended 31 December 2007. An independent Tribunal made findings of Misconduct following hearings in October 2017 and November 2018.
Read more details on the Financial Reporting Council (FRC) website here.