KPMG faces FRC probe over Entain audit
The Financial Reporting Council (FRC), UK’s accounting watchdog, has launched a probe into KPMG’s audit of gambling company Entain's financial statements for the year ended 31 December 2022. KPMG, serving as Entain's group external auditor, completed its sixth consecutive audit for the company in 2023, as reported in Entain's annual report.