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    KPMG UK

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    • Wednesday, 22 March, 2023
      Inside BusinessOlaf Storbeck
      EY, KPMG and the fallout of two accounting scandals

      What happens to companies that cannot secure an auditor to check their accounts?

    • Tuesday, 14 March, 2023
      Silicon Valley Bank
      KPMG stands by audits of Silicon Valley Bank and Signature Bank

      The two institutions failed days after issuing annual reports certified by the accounting firm

    • Friday, 17 February, 2023
      KPMG settles with Carillion liquidators over £1.3bn audit negligence claim

      Firm had been accused of missing ‘red flags’ on UK outsourcer before it collapsed in 2018

    • Tuesday, 31 January, 2023
      KPMG partner pay climbs as hot deals market overshadows fines

      Average pay hits £717,000 as Big Four firm benefits from rising demand for consulting services

    • Friday, 16 December, 2022
      Accountancy
      FTSE 100 CFOs tell Big Four to cut costs after audit price jump

      Finance chiefs say in letter that it is difficult ‘to sit quietly’ as firms announce ‘very significant pay rises’

    • Tuesday, 6 December, 2022
      KPMG International
      KPMG staff cheated on professional tests, US regulator says

      Fines from oversight board total $7.7mn in actions against accountant’s networks in the UK, Colombia and India

    • Monday, 14 November, 2022
      KPMG reaches £5mn settlement over Watchstone audit negligence claim

      Big Four firm settles lawsuit without admitting liability

    • Tuesday, 18 October, 2022
      KPMG’s UK partnership shrinks to smallest in two decades

      High number of departures and fewer promotions thin ranks at top of Big Four firm

    • Monday, 3 October, 2022
      Dubai hands out $2mn fine for KPMG’s Abraaj audits

      Financial regulator says auditor and former partner failed to follow international standards

    • Monday, 5 September, 2022
      KPMG sued for $830mn over ‘appalling’ Chinese audit

      Liquidator of China Medical says Big Four firm failed to ask ‘obvious’ questions

    • Friday, 29 July, 2022
      KPMG accuses Carillion management of doctoring audit information

      Big Four firm denies it is responsible for £1.3bn of losses claimed by liquidators of collapsed outsourcer

    • Thursday, 28 July, 2022
      Accounting & Consulting services
      KPMG hit with half of UK accounting fines as penalties reach new record

      Fines across the industry rose to £46.5mn last year, according to watchdog

    • Monday, 25 July, 2022
      LexAccountancy
      KPMG/Carillion: fines keep the spotlight on audit deficiencies Premium content

      The big question is whether fines in recent cases relate to isolated examples of bad behaviour or a more systemic problem

    • Monday, 25 July, 2022
      KPMG receives its largest UK fine for misleading regulator

      Big Four firm fined £14.4mn for providing false information about its audits of Carillion and Regenersis

    • Thursday, 26 May, 2022
      KPMG LLP
      Bankrupt former KPMG partner sues law firm over job loss

      Claims that Herbert Smith Freehills tipped off his employer about his debt problems tied to ski chalet investments

    • Tuesday, 24 May, 2022
      KPMG fined over Rolls-Royce audit

      UK regulator says Big Four firm’s 2010 audit of engine maker suffered from serious failings

    • Wednesday, 18 May, 2022
      Cat Rutter Pooley
      KPMG’s Carillion case should worry juniors across the City

      The accounting watchdog has pushed for a £50,000 fine for a then 25-year-old who created misleading meeting minutes

    • Tuesday, 17 May, 2022
      ADLER Group SA
      KPMG ditches troubled German real estate group Adler as audit client

      Move comes after Big Four firm refused to sign off company’s 2021 results

    • Friday, 13 May, 2022
      Junior KPMG auditor ‘should not lose his home’ for misleading regulator, says tribunal

      Lawyer argues penalties sought by FRC over Carillion audit are designed to ‘destroy’ accountant’s life

    • Thursday, 12 May, 2022
      KPMG faces £14.4mn fine for misleading UK regulators over Carillion audit

      Tribunal finds five defendants guilty of misconduct after hearing auditors created ‘false documents’

    • Wednesday, 11 May, 2022
      KPMG partners risk losing share of £300mn pot over ethical standards

      Move part of effort to improve culture at firm after regulatory fines and investigations

    • Monday, 2 May, 2022
      ADLER Group SA
      Adler shares plunge 45% after KPMG refuses to sign off results

      Co-chief and three board members resign as Big Four firm says it was denied access to crucial documents

    • Friday, 29 April, 2022
      Property sector
      KPMG refuses audit opinion on embattled real estate group Adler

      Rare move pushes German property company deeper into crisis

    • Sunday, 24 April, 2022
      Accounting & Consulting services
      KPMG wins UK government contracts despite withdrawing from bidding after scandals

      Big Four consultancy secures £10mn of public sector work since saying it would stop pitching

    • Monday, 18 April, 2022
      News in-depthUK outsourcing
      Construction and outsourcing groups still prone to audit failures

      Four years after Carillion’s collapse, many rivals have attracted attention of accounting regulator

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