KPMG hit with £21m fine over faulty Carillion audit

Digital Edition: KPMG hit with £21m fine over faulty Carillion audit

KPMG has been handed a £21m fine for “serious breaches” in audits of Carillion’s financial statements. The consultant failed to adhere to “the most basic and fundamental audit concepts” when signing off Carillion's annual financial statements in three sets of accounts between 2014-2016, according to…
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