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FRC to begin hearing of KPMG audit of Carillion in January 2022

The tribunal, which was first announced on 1 September 2021, alleges ‘misconduct’ against KPMG and several individual respondents regarding the provision of ‘false and misleading’ information of two audits carried out for the period ended 31 December 2016

The Financial Reporting Council (FRC) will begin its hearing of the Formal Complaint of ­the Executive Counsel against KPMG in regard to its audit of Carillion plc on 10 January 2022.

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