Tuesday, February 20, 2018

We may see more Carillion-style collapses and it's because of this outdated financial model

On Thursday, the Work and Pensions Committee and the Business, Energy and Industrial Strategy (BEIS) Committee will turn their attention to Carillion's auditors KPMG. The firm collected nearly £20 million in fees as auditors. It did not raise any red flags even though Carillion had low profit margins, ...
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