UK watchdog fines KPMG $24 mln over Carillion, Regenersis audits

Carillion

25/07/2022 07:22

July 25 (Reuters) - Britain's audit watchdog on Monday fined
KPMG 20 million pounds ($23.93 million) after a probe into false
and misleading information provided to the regulator over the
audits of construction firm Carillion and outsourcing firm
Regenersis.
    The Financial Reporting Council also ordered KPMG to appoint
an independent reviewer into the firm's current Audit Quality
Review (AQR) policies and procedures.  urn:newsml:reuters.com:*:nL5N2WY31Y

($1 = 0.8356 pounds)

 (Reporting by Yadarisa Shabong in Bengaluru; editing by
Uttaresh.V)
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