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Tag Archives: KPMG

KPMG fined millions for significant and serious breaches in Carillion audit

The Financial Reporting Council has fined the auditors of multinational construction and facilities management services company Carillion which collapsed in 2018, £21 million for ‘significant and serious breaches’. Two Final Settlement Decision Notices have been imposed against KPMG LLP, KPMG ...

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FRC issues formal complaint against KPMG over Carillion and Regenersis audits

UK audit watchdog, the Financial Reporting Council (FRC) has delivered a disciplinary Formal Complaint, under the Accountancy Scheme, against KPMG LLP, a former KPMG partner and certain current and former KPMG employees. The Formal Complaint alleges “misconduct against KPMG and ...

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