Regulators
FRC confirms £3.3m fine for KPMG over Rolls-Royce audit
The FRC said the findings against each of the respondents relate to ‘failures to address matters identified in the audit which indicated risk of non-compliance by the company with laws and regulations’
The Executive Counsel of the Financial Reporting Council (FRC) has issued a £3.3m fine to KPMG Audit plc (KPMG) and Anthony Sykes, Audit Engagement Partner over its statutory audit of the consolidated financial statements of Rolls-Royce Group plc for the financial year ended 31 December 2010.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
