KPMG fined £4.3m for ‘serious failings’ in Conviviality audit – The Guardian
‘The accounting regulator, the Financial Reporting Council (FRC), found “a serious lack of competence” in KPMG’s 2017 audit of the company, which collapsed within nine months of the accounts being signed off.’
The Guardian, 19th January 2022
Source: www.theguardian.com