FRC launches KPMG investigation | AccountingWEB

FRC launches KPMG investigation

KPMG is under dual investigations by the Financial Reporting Council (FRC) over concerns about its independence when conducting an audit for a client.

The investigation will delve into whether the firm was independent when it audited Pendragon PLC, a franchised car dealership operator, in 2010 and 2011.

The Big Four firm is also being investigated in relation to...


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