The Financial Reporting Council (FRC) has launched an investigation into EY's audits of the Post Office for the financial years 2015 to 2018. The probe stems from the ongoing fallout of the Horizon IT scandal, which saw hundreds of sub-postmasters wrongfully convicted based on faulty software data.
Horizon Scandal
Postmasters whose convictions have been overturned by the Post Office Offences Act can now apply to the Horizon Convictions Redress Scheme, including those in Scotland. The scheme aims to ensure that postmasters receive redress without unnecessary bureaucracy.
Watermans is to represent former Clackmannanshire sub-postmaster Rab Thomson as he pursues compensation from the Post Office following his wrongful conviction for embezzling money. Mr Thomson, 64, was found guilty in 2006 after an audit showed an apparent shortfall of nearly £6,000 at his Camb
Accountants from EY and PwC are set to face questioning in the upcoming sixth phase of the Williams Inquiry, shedding light on their role in the Post Office scandal linked to the Horizon IT system.