Accounting firm Grant Thornton and its audit partner, Brad Taylor, face criminal charges relating to the 2018 audit of iSignthis, in which the ASX-listed payments company is alleged to have failed to apply audit standards correctly.
Mr Taylor appeared in the Melbourne Magistrates court on Thursday charged with “failing to conduct the 2018 audit of iSignthis Ltd in accordance with the Australian Auditing Standards” the Australian Securities and Investments Commission (ASIC) said in a statement.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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