​FRC probing KPMG audit of Carr’s Group

KPMG

The U.K. Financial Reporting Council (FRC) is investigating the work of Big Four firm KPMG during a 2021 audit at agriculture and engineering services provider Carr’s Group.

The regulator’s probe, announced Tuesday, will examine KPMG’s audit for the period ended Aug. 28, 2021. The investigation does not currently relate to any individuals. The FRC provided no further specifics as part of its announcement.

“We will cooperate fully with the FRC to conclude this matter as quickly as possible,” said a KPMG UK spokesperson in an emailed statement.

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