Britain's 'Big Four' accountancy firms made £70million 'feasting on Carillion's carcass' for TEN years
Britain’s ‘Big Four’ accountancy firms made more than £70million from Carillion in the decade before it collapsed, a report reveals today.
KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young had been collecting fees for advice and auditing the bust building firm’s books since 2008.
In a damning report about how the accountants failed to spot warning signs, MPs accused the firms of ‘feasting on what was soon to become a carcass’.
The comments come as an official probe gets under way into KPMG’s checking of Carillion’s accounts in the run-up to the collapse.
Labour MP Rachel Reeves,... read more
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