英KPMG、小売業者の重大監査不備で3百万ポンドの罰金（Accountancy Ageより）

Regulator hits KPMG with £3m fine for “serious” audit misconduct

英KPMGが、Convivialityという会社（Bargain Boozeという酒類販売チェーンの会社の親会社だった）の監査で重大な不備があったとして、英国財務報告評議会（FRC）から処分を受けたという記事。2017年の監査において、十分かつ適切な監査証拠を入手しなかったとされ、3百万ポンドの罰金が課せられました。

KPMG and one of its former senior auditors have been sanctioned by the UK’s accounting watchdog for “failings” during the audits of retail giant Conviviality.

Imposing a £3m fine, the Financial Reporting Council (FRC) identified numerous areas of misconduct in relation to the Big Four firm’s 2017 audit of the company, including a “failure to obtain sufficient appropriate audit evidence”.

担当パートナーだった人物にも、11万ポンドの罰金が課せられています。

Nicola Quayle, the partner in charge of the Conviviality audit, received a £110,000 fine and a severe reprimand.

“The audit failings in this case were serious and spanned several significant areas of the financial statements and related to a number of fundamental auditing standards,” said Claudia Mortimore, deputy executive counsel to the FRC.

“The sanctions reflect the seriousness of the failings.”

具体的には、重要な虚偽表示リスクの改訂を怠っていたこと、未収フランチャイズ収入に関して十分な職業的懐疑心を適用しなかったこと、監査手続の文書化が不十分だったことなどが指摘されています。

Also among the misdemeanours cited by the FRC were a failure to revise initial assessments of the risks of material misstatement to financial statements, a failure to apply sufficient professional scepticism in relation to the recognition of accrued franchise licence revenue, and a failure to adequately document audit procedures.

KPMG fined £3m for ‘serious failings’ in Conviviality audit（ガーディアン）

問題の会社は、監査報告書日から9か月で倒産しています。

The accounting regulator, the Financial Reporting Council (FRC), found “a serious lack of competence” in KPMG’s 2017 audit of the company, which collapsed within nine months of the accounts being signed off. The initial fine was £4.3m, but this was reduced because the firm admitted the failings.

処分を受けたパートナーは、KPMGのマンチェスター事務所のトップで、KPMGのボードメンバーでもあったそうです。

The KPMG partner in charge of the audit, Nicola Quayle, was also fined £110,000 and given a severe reprimand. Quayle, who previously led KPMG’s Manchester office and sat on its UK board, will pay £80,850, after receiving a discount for admitting the failures.

FRCのプレスリリース。パートナーの個人名が大きく見出しになっています。
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Sanctions against KPMG LLP and Nicola Quayle