Poor audit work ahead of outsourcing giant Carillion’s collapse undermined the “credibility and the public trust in audit” and have prompted the Financial Reporting Council to issue KPMG with a...
The Financial Reporting Council has fined accountancy firm KPMG £14.4m after finding it provided false and misleading information to its review of the firm's audit of collapsed public...
The chief executive of audit firm KPMG has apologised for misleading the Financial Reporting Council during a quality review of an audit of financial statements produced by former...
The Financial Reporting Council has filed a formal complaint against accountancy firm KPMG, in relation to allegations of supplying false and misleading information to the regulator's review of...
Several Whitehall departments regularly ignore outsourcing guidelines produced after contractor Carillion collapsed two years ago, meaning government is still signing risky contracts that could...
After the collapse of private contractor Carillion and the failure of outsourced probation, is outsourcing out of vogue with local government? Neil Merrick reports.
Two years on from the collapse of outsourcing giant Carillion, Unite, the UK’s biggest union, has accused the government of failing to act on weaknesses in the UK audit system.
The Insitute for Government suggested there are benefits to public sector outsourcing but this will not be enough to stop governments bringing services in house, says outsourcing commentator John...
Ninety-three per cent of construction industry suppliers think the relationship between the ill-fated firm and its auditors, KPMG, was “too cosy”, according to a poll of construction industry leaders.
Government contractors have signed up to a ‘living wills’ pilot, aimed at ensuring contingency plans are in place if another company fails in the same way as Carillion.
Public-private partnerships have a chequered history, but as the only way forward for infrastructure projects we need to make them work, says former home secretary Charles Clarke.
The construction firm Carillion “hoodwinked” the government by publishing misleading accounts, according to the chair of the work and pensions committee.
The Committee of Standards in Public Life has made a timely intervention in the outsourcing debate. Its recommendations should be implemented without delay, says John Tizard.
The collapse of Carillion at the start of this year was “almost inevitable” given the model of outsourced service delivery pursued by successive governments, MPs said today.
Little significant progress has been made on reinforcing ethical standards in outsourced public services, the independent Committee on Standards in Public Life has concluded.
A diverse group of public service experts attended a CIPFA round table discussion to consider how outsourcing can be made to work better. Vivienne Russell reports.
