Monday, January 29, 2018

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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KPMG to be investigated over Carillion auditing

The accountancy firm KPMG is to be investigated by the UK's Financial Reporting Council over its role in the collapse of Carillion. The business secretary, Greg Clark, welcomed the investigation, which the accounting watchdog said followed inquiries made since Carillion's shock profit warning in July.
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KPMG Audits of Collapsed Builder Carillion to Be Probed by FRC

"Several areas of KPMG's work will be examined including the audit of the company's use and disclosure of the going concern basis of accounting, estimates and recognition of revenue on significant contracts, and accounting for pensions," FRC said in an emailed statement. "The FRC will conduct the ...
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Pension and audit probes at Carillion

This morning, the Financial Reporting Council has decided to open an investigation into KPMG's audit of the contractor's financial statements. It will cover the calendar years 2014, 2015 and 2016, and additional audit work carried out during 2017. Under the terms of the probe, the FRC will consider ...
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Financial Reporting Council launches probe into KPMG's audit of Carillion

The accounting watchdog is opening an investigation into KPMG's auditing of Carillion's financial statements. The Financial Reporting Council (FRC) announced its decision this morning, and said the probe will cover the years ended 31 December 2014, 2015 and 2016, and additional audit work carried ...
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