Tuesday, March 13, 2018

Accounting flaw 'concealed hole in Carillion's finances'

KPMG, the company's auditors, has also come under intense scrutiny.Moody's pointed out that, while the balance sheet said that the group's bank loans and overdrafts amounted to £148 million, an additional amount — possibly as much as £498 million — was owed to banks under the reverse factoring ...
Delivered by KPMG Today (@KPMG_TO)
Article continues here
Follow @KPMG_TO on Twitter to get latest updates