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Tag Archives: Carillion

FRC announces delay on Carillion first-stage report

UK audit watchdog, the Financial Reporting Council (FRC) has announced the first stage of its investigation into the financial statements of collapsed British multinational facilities management and construction services firm, Carillion, is now expected to be completed by the summer ...

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Construction industry holds auditors accountable for Carillion collapse

The construction industry views the collapse of Carillion as a result of aggressive accounting policies and a close relationship with KPMG. A survey of the supply chain conducted by public sector procurement specialist, Scape Group, finds that 93 per cent ...

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FRC extends probe into Carillion financial statements

The Financial Reporting Council (FRC) has extended its investigations into the preparation, approval and audit of the financial statements of Carillion plc to include certain matters relating to the financial statements for the year ended 31 December 2013. The FRC ...

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FRC provides update on Carillion investigation

UK audit watchdog, the Financial Reporting Council (FRC) has provided an update into its investigation of the collapse of construction giant Carillion last January following “significant public interest” in the case. The FRC is investigating KPMG’s audits of Carillion (2014-2017) and ...

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FM Clinic: What lessons can FM clients take following the demise of Carillion?

Following the demise of Carillion, what lessons should FM clients take from the fallout to ensure that their key suppliers’ finances are sound? If they do encounter a major problem how can they ensure the project or service is still ...

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The Redemption Game

The question of what happens to people once they are released from prison is an age old one, but has rarely been more prevalent or newsworthy. Footballer (or should that be former footballer?) Ched Evans has been unable to return ...

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