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Posted inAccounting & Auditing

FRC 2020/21 audit inspections: KPMG rebuked over continued struggles

by Kyle Brasseur July 23, 2021January 26, 2022

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The U.K. Financial Reporting Council (FRC) on Friday released the results of its 2020/21 audit quality inspections, in which it singled out KPMG for “unacceptable” deficiencies regarding the firm’s audits of banks and similar entities.

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