KPMG fined £3.37m by watchdog over Rolls-Royce audit failures
The Financial Reporting Council (FRC) first launched an investigation into KPMG’s conduct in 2017 over bribery allegations.
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The Financial Reporting Council (FRC) first launched an investigation into KPMG’s conduct in 2017 over bribery allegations.
The FRC fined the Big Four firm and partner Anthony Sykes over its 2010 audit of the carmaker, the latest in a long list of audit scandals surrounding the firm.
The Big Four firm will pay more than $17.1 million over misconduct on major work it carried out for collapsed Carillion Plc and data services company Regenersis.
The Financial Reporting Council (FRC) has reached a settlement agreement at a tribunal over the case, which was undertaken after the UK’s second-biggest
KPMG faces a 14.4 million pound ($17.6 million) fine after admitting it misled regulators during spot checks on audits of construction group Carillion and