Other stories Mayflower weeds out Andersen
Major announced he would not seek reappointment yesterday even as he bought more shares in the company.
The former Tory PM will step down when his current term comes to an end at the company’s AGM on 10 April.
His departure comes just a month after Mayflower restated its accounts for the past two years and halved its dividend.
Major’s stake in Mayflower was boosted yesterday when he bought 1177,527 shares at 11.5p. His holding in the company now stands at 0.11%.
Mayflower was one of the first companies to drop Andersen as auditor in the wake of the Enron scandal.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester