A question on #Accountancy tabled by Baroness Bowles of Berkhamsted on 11-03-2025 has been answered by Baroness Jones of Whitchurch.

Heading: Accountancy
Question ID: 1783554
UIN: HL5644
House: Lords
Date tabled: 2025-03-11
Asking Member ID: 4562
Asking Member display name: Baroness Bowles of Berkhamsted
Asking Member handle:
Asking Member Twitter reference: Baroness Bowles of Berkhamsted
Member interest: false
Question text: To ask His Majesty's Government, further to the Written Answer by Baroness Jones of Whitchurch on 10 March (HL5234), whether complying with accounting standards rather than the law was invoked by KPMG when the Insolvency Service sought £1.3 billion from K
Is named day: false
Date of holding answer:
Date answered: 2025-03-25
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 3792
Answering Member display name: Baroness Jones of Whitchurch
Answering Member handle: WhitchurchGirl
Answering Member Twitter reference: @WhitchurchGirl
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Official Receiver on behalf of Carillion Plc and another issued a negligence claim against KPMG, the company's auditors, in November 2021. The area of law on which the claim was based was negligence. The negligence action and compliance with accountin...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true