TagKPMG

KPMG fined £14.4m for misleading regulator about Carillion audit

By Marta Lopez
In Finance
3 Min Read
K

Big four financial services firm KPMG has been fined £14.4 million over its reports to regulators on its audit of collapsed construction contractor and outsourcing firm Carillion. The Financial Reporting Council (FRC) has also kicked out four of the firm’s former staff from the Institute of Chartered Accountants in England and Wales for between seven and ten years. Carillion, which was...

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