KPMG says accounting regulator ‘was misled’ over Carillion audits

Chief executive apologises for ‘unacceptable’ misconduct as disciplinary tribunal begins

KPMG has apologised for misconduct and misleading the UK’s accounting regulator over audits including that of Carillion, the major government contractor that collapsed four years ago.

Jon Holt, the chief executive of KPMG UK, said it was “clear” that misconduct had occurred, in a statement published to mark the start of a disciplinary tribunal on Monday.

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KPMG, Carillion, Business, UK news, Accountancy, Financial sector UK news | The Guardian

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