Financial Reporting Council of UK Shuts It's Inquiry In KPMG’S Review Of Halifax
England Economic Reporting Authorities has declared the closing of its analysis into the conduct of KPMG’s review of HBOS for the 12 months ending thirty-one Dec 07.
England Economic Reporting Authorities has declared the closing of its analysis into the conduct of KPMG’s review of HBOS for the 12 months ending thirty-one Dec 07 on the summary that there's no sensible possibility of investigations against KPMG.
The Executive Lawyer to the FRC said after the investigation that it's impractical that a Court will make a bad discovering against KPMG in respect of the subject. “The firm’s work didn't drop considerably lacking the standards fairly to be predicted of the review, the test that a court might implement,” the United Kingdom FRC stated.
Related
Technology and Automation in Accounting and Auditing: Adapting to a Digital-First Future
The world of accounting and auditing is being reshaped by cutting-edge technologies, bringing opportunities and challenges for professionals and businesses alike. From blockchain to artificial inte...
Read more
Financial Reporting and Analysis in 2024: Key Updates You Need to Know
Financial reporting today isn’t just about crunching numbers; it’s about telling the full story behind a company’s performance, future potential, and impact. With new standards emerging, evolving a...
Read more
Navigating the Evolving World of Audit and Assurance
The world of auditing is not what it used to be—it's faster, smarter, and more focused on risk and fraud than ever before. With new technologies and methodologies reshaping how audits are done...
Read more