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KPMG to cut down UK audit clients after string of fines and ahead of regulatory changes

By Phoebe Seers ( May 30, 2022, 14:27 GMT | Insight) -- KPMG says it will cut back on the number of clients it audits to focus on quality following a string of high-profile failures. The Big Four auditor said changes in regulation and increased complexity in audits had prompted the cull, which comes ahead of an anticipated announcement from the government on reforms to the audit sector.KPMG says it will cut back on the number of clients it audits to focus on quality, following a string of high-profile failures....

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