Accountancy

KPMG and PwC fined by regulator over Eddie Stobart audits

Big Four firms reprimanded over work for trucking company Eddie Stobart

KPMG and PwC are the latest firms to be hit with sanctions from the audit watchdog
KPMG and PwC are the latest firms to be hit with sanctions from the audit watchdog Photo: Chris Ratcliffe/Getty Images

KPMG and PwC have both been fined and reprimanded over their audits of trucking company Eddie Stobart Logistics.

PwC has been fined £3.5m by audit watchdog the Financial Reporting Council for its 2018 audit of Eddie Stobart.

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