Financial Crime Financial Crime

KPMG apologizes over Carillion misconduct as UK audit tribunal opens

By Fiona Maxwell and Martin Coyle
  • 11 Jan 2022 05:54
  • 11 Jan 2022 05:54

KPMG has apologized for misconduct related to its audit of collapsed outsourcing company Carillion as a five-week court case brought by the UK accounting regulator against the firm and others opened.

The auditing firm and six of its former auditors are accused by the Financial Reporting Council of misconduct

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