AuditorRecord

Firms

KPMG: enforcement actions on record

DateFirmRegulatorAudited entitySanctionAmount
10 April 2024KPMG Accountants N.V.Public Company Accounting Oversight Board (PCAOB)None (firm conduct, training test answer sharing)Fine$25 million civil money penalty
12 October 2023KPMG LLP and KPMG Audit PlcFinancial Reporting CouncilCarillion plcFine£18,550,000
25 July 2022KPMG LLPFinancial Reporting CouncilRegenersis plc and Carillion plc (information given to FRC inspectors)Fine£20 million
24 May 2022KPMG Audit plcFinancial Reporting CouncilRolls-Royce Group plc (FY2010 audit)Fine£4.5 million, reduced to £3,375,000
17 June 2019KPMG LLPU.S. Securities and Exchange CommissionNone (firm conduct, PCAOB inspection information and training exams)Fine$50 million
8 May 2019KPMG Audit PlcFinancial Reporting CouncilThe Co-operative Bank plc (FY2009 audit)Fine£5 million