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Violation Tracker UK Individual Case

Company: KPMG LLP
Current Parent CompanyKPMG
Parent at the Time of the Penalty Announcement: KPMG
Company City/Town: London
Company Nation/Region: England
Penalty: £123,807
Year: 2023
Date: 30 January, 2023
Offence Group: financial offences
Offence Type: accounting fraud or deficiencies
Violation Description: With the agreement of KPMG LLP the Investigation Committee made an order that the firm be severely reprimanded, fined £119,700 and pay costs of £4,107 with respect to complaints that it issued unqualified audit reports that did not meet audit standards.
Settlement Type: Investigation Committee decision
Agency: Institute of Chartered Accountants in England and Wales
HQ Country of Parent: Netherlands
Ownership Structure of Parent: privately held
Major Industry of Parent: business services
Specific Industry of Parent: accounting services
Source of Data(click here)