Tuesday, 3 July 2018

Financial Reporting Council looking into KPMG's audit of ex-Bargain Booze owner Conviviality



The Financial Reporting Council is looking into KPMG's audit of ex-Bargain Booze owner Conviviality, which went into administration in April.

 
The watchdog is investigating the preparation of the company's financial statements for the year to April 2017.


A KMPG spokesperson said it believed its audit was conducted correctly.


Conviviality sold its retail arm, including Bargain Booze and Wine Rack, to food wholesaler Bestway for around £7m - saving more than 2,000 jobs.





BBC         News.