Deloitte's MG Rover audit may feature in BDO report
The former auditor of collapsed car maker could be under intense scrutiny depending on the contents of BDO Stoy Hayward's report
Speculation is growing on Deloitte’s role as auditor of MG Rover being
addressed when the lid is lifted off the car maker’s collapse.
BDO Stoy Hayward’s keenly-awaited 850-page study is set to go public on 11
September and Deloitte’s work may feature in the document,
the
Guardian reported.
The Accountancy and Actuarial Discipline Board has already conducted a
four-year probe into Deloitte’s role.
Deloitte said in a statement today: ‘We have not yet seen [BDO’s] report and
so cannot comment upon its contents. However, we would be disappointed if the
Inspectors criticise our work or our people.
‘We consider that we performed our work entirely competently and
professionally throughout and we are confident that the AADB investigation, with
which we are fully co-operating, will demonstrate that our people acted
appropriately and did not fall below the standards to be expected of them.’