KPMG Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ==== 2020 ==== During April, KPMG UK was fined Β£455,000 and a senior partner, Nicola Quayle, was fined Β£29,250 by the UK accounting regulator, [[Financial Regulation Council]] for failing to challenge what a client was telling them about certain complex supplier arrangements.<ref>{{Cite web |last=Jones |first=Huw |date=April 2, 2020 |title=KPMG fined 700,000 pounds for failing to challenge client |url=https://www.nasdaq.com/articles/kpmg-fined-700000-pounds-for-failing-to-challenge-client-2020-04-02 |access-date=May 22, 2022 |website=Nasdaq.com}}</ref> In June, KPMG resigned from the auditor role at British fashion firm, Ted Baker plc after the company admitted accounting errors resulting in overstatement of its inventory by up to Β£58 million.<ref>{{Cite news|date=June 1, 2020|title=KPMG Resigns as Ted Baker Auditor After Accounting Errors|work=Bloomberg|url=https://news.bloombergtax.com/financial-accounting/kpmg-resigns-as-ted-baker-auditor-after-accounting-errors|access-date=May 12, 2021}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page