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READ MOREKPMG accused in UK of giving regulator ‘false and misleading’ data
The U.K.’s accounting watchdog filed a disciplinary complaint against KPMG LLP, a former partner and current and former employees of the accounting firm over their role in past audits of two U.K. companies.
KPMG and the individuals cited provided “false and misleading information” and documents to the Financial Reporting Council when it was reviewing two earlier KPMG audits, the regulator said in a statement. One was a 2016 audit of now defunct contractor Carillion Plc and the second a 2014 audit of Regenersis Plc, the regulator said.
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