MHA: Watchdog opens probe over audits of folded construction firm Business Accountancy watchdog launched an investigation into MHA for its audit of construction company in administration
Calls for audit reform grow after ISG found to owe £1bn Business Construction giant ISG collapsed with debts over a billion pounds, newly published filings have shown, prompting fresh calls for audit reform. ISG, which specialised in delivering government contracts projects like London’s velodrome, went bust in September after attempts to secure a rescue deal failed. The demise of ISG was the largest and most significant collapse [...]
ISG collapse shows cracks in UK construction industry Business The crisis engulfing ISG raises questions about the entire UK construction sector, not just its own weak business model.