UK accounting watchdog clears KPMG in Entain audit probe

Key Takeaways

• The FRC investigation into KPMG’s audit of Entain’s 2022 accounts, opened in January 2025, has been closed with no enforcement action taken against KPMG (kpmg.com).
• The probe was launched in January 2025 by the FRC’s Enforcement Division under its Audit Enforcement Procedure, following a decision in November 2024 (frc.org.uk).
• The closure comes amid heightened regulatory scrutiny of KPMG stemming from previous investigations and fines, including major cases such as Carillion, though none related to Entain were pursued further (kpmg.com)