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(Reuters) – UK’s accounting watchdog said on Thursday it began an investigation into Deloitte LLP’s audit of two annual financial statements of SIG Plc (SHI.L), a distributor of specialist building products in Europe.

FILE PHOTO: Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo

The Financial Reporting Council is probing financial statements for 2015 and 2016, and is focusing on the audit of cash and supplier rebates.

Reporting by Arathy S Nair in Bengaluru; Editing by Bernard Orr

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