KPMG is facing a formal complaint about the Carillion audit

The Financial Reporting Council (FRC) has filed a formal disciplinary complaint against KPMG LLP, a former KPMG partner and certain current and former KPMG employees.

The FRC investigation opened in November 2018 after KPMG itself reported certain matters related to the 2016 Carillion review review.

A disciplinary court was convened to hear the formal complaint and determine whether or not the defendants were guilty of misconduct.

The hearing is scheduled to begin on January 10, 2022.

Grant beforehand

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