Firm accused of providing false and misleading information to Financial Reporting Council
The Financial Reporting Council has issued a formal complaint against KPMG and several of its current and former employees for allegedly providing “false and misleading information” relating to its audits of the outsourcing firms Carillion and Regenersis.
The accounting watchdog’s allegations of misconduct relate to documents provided to the FRC during its inspection of audits carried out on Carillion in 2016 and Regenersis in 2014.
