The Economic Times

Deloitte fined $7.98 million over audits of transport operator Go-Ahead Group

International accounting firm Deloitte faced a fine of 6.05 million for auditing Go-Ahead Group. The penalty was initially set at 11 million but was reduced due to Deloitte's cooperation. The audits in question spanned financial years between 2016 and 2020. The decision was reported by Britain's Financial Reporting Council on Thursday. Deloitte admitted to shortcomings in their auditing practices during this period.