LONDON — Britain's accounting watchdog is opening an investigation into KPMG's audit of construction and services giant Carillion, which collapsed this month, less than a year after auditors certified the company's financial health. The Financial Reporting Council said Monday that the probe will ...
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Monday, January 29, 2018
Audit watchdog to probe KPMG over Carillion work
The UK's audit watchdog has confirmed it will investigate KPMG for work carried out on behalf of Carillion, the listed construction giant that collapsed this month. The Financial Reporting Council said in a statement today that its probe would cover audits carried out by KPMG in 2014, 2015 and 2016 and ...
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FRC probes KPMG over Carillion collapse
“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 will cover the years ended 31 ...
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Watchdog investigates KPMG's auditing of Carillion accounts
The accountancy regulator has opened an official investigation into KPMG's auditing of Carillion's accounts in the latest in a string of inquiries into the collapse of the troubled outsourcer. The Financial Reporting Council, which made clear this month that it had the power to investigate the accounting ...
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FTSE 100 nudges higher; KPMG under scrutiny after Carillion collapse
The fall-out from the Carillion (LON:CLLN) collapse continues with the news that accountancy firm KPMG is to be investigated by the UK Financial Reporting Council (FRC). According to the Guardian the FRC will conduct the investigation, which will cover 2014 to 2016, and additional audit work carried ...
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Probe launched into KPMG's Carillion audits
An investigation is to be launched into KPMG's audits of collapsed construction and facilities management giant Carillion. The Financial Reporting Council (FRC) has said the investigation will cover the years ended 31 December 2014, 2015 and 2016 as well as additional audit work carried out during ...
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Business Breakfast LIVE: KMPG to be investigated over Carillion audit
I'm Jonathon Manning and I'm running the blog today, the last for the week. The business team's live blog brings you all the breaking news from across the North East, the UK and beyond - basically anything and everything from the world of business. Accountancy giant KPMG is being investigated by an ...
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