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KPMG apologizes over Carillion misconduct as UK audit tribunal opens

By Fiona Maxwell and Martin Coyle ( January 11, 2022, 11:24 GMT | Insight) -- KPMG has apologized for misconduct related to its audit of collapsed outsourcing company Carillion as a five-week court case brought by the UK accounting regulator against the firm and others opened. Chief executive John Holt said it was clear that misconduct had occurred.KPMG has apologized for misconduct related to its audit of collapsed outsourcing company Carillion as a five-week court case brought by the UK accounting regulator against the firm and others opened....

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