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KPMG and PwC sanctioned by FRC for Eddie Stobart audits

KPMG and PwC sanctioned by FRC for Eddie Stobart audits
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Nicola quayleCath burnettBig fourClaudia mortimoreCarr groupEddie stobart logisticsPhilip storerDeputy executive counsel

KPMG sanctioned for rudimentary failings over The Works audit

KPMG has been fined £1.7m by the Financial Reporting Council (FRC) over its audit of retailer The Works.

United kingdomAnthony sykesClaudia mortimoreCath burnetRoyce groupFinancial reporting councilRolls royce group

PwC fined for Babcock audit failings including faking evidence

UK regulator says breaches found in ‘every area’ looked at in relation to audit of engineering firm’s accounts

United kingdomClaudia mortimoreFinancial reporting councilMinistry of defence

PwC fined £5 6M for Babcock audit work

The Big Four firm was hit with a $6.6 million fine by the U.K.'s audit watchdog over serious failures for its work on Babcock International Group's books in 2017 and 2018.

United kingdomCity ofNicholas campbell lambertClaudia mortimoreFinancial reporting councilBabcock international group plcBt group plcGreensill to carillion plcDevonport royal dockyard ltdHeather ancientAudit standardsInternational accounting

PwC given £5 6m fine for improper auditing of Babcock s results

Much of the watchdog s investigation concerned seven contracts that provided about a quarter of Babcock s turnover for the 12 months ending March 2018.

United kingdomCity ofNicholas campbell lambertClaudia mortimoreBig fourBabcock internationalFinancial reporting councilKier groupBt groupWyelands bankIntu propertiesDevonport royal dockyardHeather ancientBig fourExecutive counselEddie stobart logistics

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