- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-04-18T17:13:00
The U.K. Financial Reporting Council (FRC) is investigating the work of Big Four firm KPMG during a 2021 audit at agriculture and engineering services provider Carr’s Group.
The regulator’s probe, announced Tuesday, will examine KPMG’s audit for the period ended Aug. 28, 2021. The investigation does not currently relate to any individuals. The FRC provided no further specifics as part of its announcement.
“We will cooperate fully with the FRC to conclude this matter as quickly as possible,” said a KPMG UK spokesperson in an emailed statement.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-05-09T13:33:00Z By Kyle Brasseur
The U.K. Financial Reporting Council launched an investigation into the work of Big Four audit firm Deloitte at collapsed clothing retailer Joules Group.
2023-04-27T13:32:00Z By Kyle Brasseur
The U.K. Financial Reporting Council fined Big Four audit firm KPMG approximately £1 million (U.S. $1.2 million) for deficiencies in its work on the 2020 year-end financials of discount retailer TheWorks.co.uk.
2023-04-20T15:32:00Z By Kyle Brasseur
The U.K. Financial Reporting Council announced the launch of two separate investigations regarding audits performed by Big Four firm EY, including a probe into the 2021 financials of collapsed online furniture retailer Made.com.
2025-03-27T13:11:00Z By Jeff Dale
The U.K. Financial Reporting Council issued penalties against PwC and a former auditor over deficiencies on work related to the 2019 financial statements of now shuttered Wyelands Bank.
2025-03-27T12:49:00Z By Aaron Nicodemus
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
2025-03-26T18:48:00Z By Oscar Gonzalez
The European Commission released its preliminary findings last week regarding Apple and Google not complying with the Digital Markets Act. It issued orders to both companies regarding their business practice and plans to release all of its findings next week.
Site powered by Webvision Cloud