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...
Northampton Borough Council displayed significant governance failures over loans paid to its local football club Northampton Town FC, according to a public interest report issued by auditors this...
In a feature article and editorial published online and in the June 2019 edition of Public Finance, we referred to a “litany” of high profile “audit failures” in recent years, including Lehman...
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.
Around one-third of the 1,886 government construction projects currently in the pipeline have no specified completion date, accountants KPMG have revealed today.
Large accountancy firms that advise corporations and individuals on tax avoidance should be banned from working with or for the government, the Public Accounts Committee said today.
