KPMG partners set to be grilled by MPs over Carillion audit
Audit partners from KPMG and Deloitte will be quizzed by MPs today at the inquiry into the collapse of Wolverhampton construction group, Carillion.
Members of the joint Work and Pensions and Business, Energy and Industrial Strategy Committees want to know why the group’s accounts were signed off by KPMG in March last year just four months before the company was forced to issue a devastating profit warning indicating an £845m hole in its accounts.
When Carillion was liquidated last month it owed creditors well over £1bn, a fu... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
