Financial watchdog expands probe into Carillion again

By Jordan Marshall2019-03-01T06:00:00

The Financial Reporting Council is now also looking into the collapsed contractor's 2013 accounts

A City watchdog has confirmed that it has expanded its probe into Carillion’s financial accounts.

In an announcement on the London Stock Exchange, the Financial Reporting Council said it had extended its investigations into the preparation, approval and audit of Carillion’s accounts to include matters relating to the financial statements for the year ended 31 December 2013.

It said: "The FRC announced on 29 January 2018, its investigation into KPMG’s audit of the financial statements of Carillion plc. for the years ended 31 December 2014, 2015 and 2016, and additional audit work carried out during 2017."

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