KPMG Fined £21M Over 'Exceptional' Carillion Audit Failures
By Joel Poultney ( October 12, 2023, 12:45 PM BST) -- The Financial Reporting Council said Thursday that it has hit auditing giant KPMG with record fines totaling £21 million ($25.8 million) for a string of "exceptional" and "damning" failures surrounding its oversight of the high-profile collapse of Carillion PLC....
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