Home / Tag Archives: KPMG

Tag Archives: KPMG

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 ...

Read More »

KPMG names potential buyer for collapsed Scottish building services firm

Catalus Energy Investments Limited has been announced as the preferred bidder to take over Scottish building services firm McGill & Co Limited which went into administration at the beginning of February following challenging trading conditions, disputes and delays in payment ...

Read More »

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 ...

Read More »

FRC opens investigation into KPMG’s audit of Carillion

The Financial Reporting Council (FRC) has decided, following enquiries made since a profit warning in July 2017, to open an investigation under the Audit Enforcement Procedure in relation to KPMG’s audit of the financial statements of Carillion plc. The investigation ...

Read More »

Mitie writes down £50m and cuts 160 job roles

Mitie has announced in an update for the financial year ended on 31st March 2017 it has cut 160 jobs in the first wave of a new cost reduction programme and expects to write-down its balance sheet by up to ...

Read More »

Select Security acquires BDi’s IFM companies

Paul Flint and Brian Green from KPMG’s Restructuring practice in Manchester were appointed joint administrators last week of six BDi companies which provide a range of integrated facilities management (IFM) services, including manned guarding, key holding, cleaning, CCTV installation and ...

Read More »

There’s no customer loyalty in low wages

A new survey has revealed that unless businesses pay staff a fair wage, consumers will change their buying habits and take their shopping elsewhere. The survey of more than 1,000 individuals from across the UK and conducted by Censuswide for ...

Read More »

Financial impact of recent floods could last two-three years

As the Environment Agency today warns that the flood risk will continue into the weekend*, Justin Balcombe, UK head of general insurance consulting at KPMG warns of the long-term cost of flooding to businesses, homeowners and the economy and discusses ...

Read More »

A moving CSR story

The last few days has seen Premier Moves, part of the Premier Group, deliver the biggest of three recent relocation and furniture installation projects on behalf of the facilities team at financial advisory firm KPMG for one of their charity ...

Read More »

BIFM adds support to London Living Wage

The British Institute of Facilities Management (BIFM) hosted an evening talk at KPMG’s Canary Wharf offices on Tuesday 12 November to advance the case for employers in the facilities management sector to adopt the London Living Wage. Speakers included Rhys ...

Read More »