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IASB Adjusts SME Standard While The UK And NZ Seal Audit Deal

KPMG fined record £21 million for Carillion audits

The fine is the highest ever handed down by the UK's Financial Reporting Council. The UK's accounting regulator on Thursday fined KPMG a record £21 million…

KPMG hit with record £21m UK fine over Carillion audit failures

KPMG has been slapped with a record £21 million fine by the UK's Financial Reporting Council (FRC) over its mishandling of the audits for Carillion, the government contractor that collapsed in 2018. The failure of Carillion, which provided construction and facilities management services within

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