Watchdog's probe into Carillion FDs making 'good progress'

Carillion

Financial Reporting Council says it won’t cut corners to speed up investigation

The accounting watchdog looking into Carillion’s external auditor as well as former finance directors Richard Adam and Zafar Khan has said it will not cut corners simply to get to a decision.

The Financial Reporting Council announced it was looking at KPMG’s auditing of Carillion’s accounts between 2014 and 2017 two weeks after Carillion went bust in January. Two months later it began a probe into Adam and Khan.

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