BREAKING NEWS

BREAKING NEWS

UK regulator fines KPMG for misconduct on Ted Baker audit

Now Reading:

UK regulator fines KPMG for misconduct on Ted Baker audit

UK regulator fines KPMG for misconduct on Ted Baker audit
@ Copyright :
CHARLES PLATIAU(Reuters)
Text size Aa Aa

(Reuters) - The UK's Financial Reporting Council has fined accountants KPMG three million pounds and reprimanded and fined senior partner Michael Francis Barradell for misconduct related to auditing of British fashion retailer Ted Baker's <TED.L> accounts.

KPMG's fine related to the accounts for the company for the financial years ending in January 2013 and 2014.

(Reporting by Sangameswaran S in Bengaluru; editing by Patrick Graham)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.