Accountancy

UK regulator opens probe into Deloitte’s audits of car dealership Lookers

The FCA dropped a probe into Lookers earlier this month

Friday 12 March 2021 at 09:20

Deloitte resigned as Lookers’ auditor following the publication of its 2019 results
Deloitte resigned as Lookers’ auditor following the publication of its 2019 results Photo: Getty Images

The Financial Reporting Council has opened an investigation into Deloitte’s audits of car dealership company Lookers.

The FRC announced on 12 March it was investigating Deloitte’s audits for 2017 and 2018.