Beales auditor faces scrutiny after collapse of department store chain


The firm responsible for auditing Beales department store’s financial accounts is expected to face scrutiny after it emerged that the retailer collapsed just over four months after being given a clean bill of health.

City A.M. understands that the Institute of Chartered Accountants in England and Wales (ICAEW) has made early-stage enquiries into Nexia Smith and Williamson’s audit of Beales’ financial figures.

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