Financial Crime Financial Crime

KPMG wouldn't have been asked for new documents after audit process, UK regulator tells tribunal

By Fiona Maxwell and Phoebe Seers
  • 17 Jan 2022 08:33
  • 17 Jan 2022 08:58
Claims from KPMG that it was permitted to update documents retrospectively long after completing an audit make no sense and can't be true, representatives from the UK audit watchdog have told an ongoing disciplinary tribunal hearing. 

Witness statements from two Financial Reporting Council audit investigators dispute KPMG’s suggestions as “highly unusual” and argue

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