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FRC blasted over ‘joke’ sanctions for junior KPMG staffer in Carillion case
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fnlondon.comJunior accountants have criticised the audit regulator for its “harsh” pursuit of ex-KPMG junior Pratik Paw, who is facing a lengthy ban and a £50,000 fine for his role in misleading inspectors probing the Big Four firm’s audit of Carillion.
KPMG was fined £14m after a tribunal found a team of its ex-auditors, led by former partner Peter Meehan, forged documents to cover up shortcomings in the firm’s 2016 audit of outsourcer Carillion.
The...
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