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Finance | UK regulator to review KPMG’s audit practice

KPMG is facing further scrutiny by the Financial Reporting Council (FRC), which is to carry out an assessment of the governance, controls and culture within KPMG’s audit practice, in the wake of its ongoing investigation of the firm’s auditing of collapsed auditor Carillion and the ‘unacceptable’ deterioration in quality highlighted in its annual quality review
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