In today's podcast we are going to discuss how the latest big accounting scandal is pulling the reputation of kpmg, pwc, ey and deloitte through the mud. Carillion is liquidating. Carillion was a major construction company in the UK.
The FRC is now investigating KPMG.
Regulators are not happy with the fees that the big 4 accounting firms earned on Carillion.
71.6 million in fees were earned by all accounting firms.
PwC earned 21.1 million in fees
KPMG earned 20.2 million in fees
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