1-20 of 416 results for subject:KPMG
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To ask the Secretary of State for Business and Trade, whether his Department has referred to the Financial Reporting Council the conduct of KPMG in relation to its reviews of Drax Group plc’s biomass sustainability reporting and the treatment of those findings in the company’s annual reports.
To ask the Secretary of State for Business and Trade, whether his Department has referred to the Financial Reporting Council the conduct of KPMG in relation to its reviews of Drax Group plc’s biomass sustainability reporting and the treatment of those findings in the company’s annual reports.
The Financial Reporting Council (FRC) has been in dialogue with other regulators including the Financial Conduct Authority and Ofgem regarding KPMG’s work in relation to Drax’s biomass sustainability reporting. As KPMG’s work for Drax was undertaken as an advisory review rather than as statutory audit work, this does not fall within the FRC’s statutory audit regulatory remit. The FRC continues to monitor this case and will consider any further relevant information.
To ask the Secretary of State for Transport, how much South Western Railway has spent on KPMG’s services to develop a business case for the infrastructure investment.
To ask the Secretary of State for Transport, how much South Western Railway has spent on KPMG’s services to develop a business case for the infrastructure investment.
Expenditure on external consultants is a matter for train companies to manage. The Department has agreed challenging budget targets with every train operating company, including South Western Railway, and officials discuss spending against these budgets on a regular basis.
Expenditure on specific contracts cannot be shared as it is commercially sensitive.
To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 23 April (HL5835), whether at any stage during the life of the contract C2980 KPMG has received any contractual guarantees, exclusivity arrangements, or written assurances, including side letters or informal undertakings, relating to the continuation...
To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 23 April (HL5835), whether at any stage during the life of the contract C2980 KPMG has received any contractual guarantees, exclusivity arrangements, or written assurances, including side letters or informal undertakings, relating to the continuation...
During the life of contract C2980 with KPMG there are no contractual guarantees relating to spend or service volumes and no exclusivity arrangements. Furthermore, there have been no written assurances, side letters or informal undertakings relating to the continuation of work, future procurements or eligibility for subsequent frameworks.
To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 23 April (HL5835), whether they considered a bridging arrangement with an alternative supplier to KPMG before the extension of contract C2980; and if so, what assessment they made of value for money and risk when...
To ask His Majesty's Government, further to the Written Answer by Baroness Anderson of Stoke-on-Trent on 23 April (HL5835), whether they considered a bridging arrangement with an alternative supplier to KPMG before the extension of contract C2980; and if so, what assessment they made of value for money and risk when...
Alternatives to a short-term contract extension were considered, and the decision to pursue a short-term extension without an increase to the contract value was taken based on this providing best value for money and other considerations (for example system changes and interoperability) and constraints associated with a short-term bridging opportunity.
At the Spending Review the Cabinet Office secured funding from the Transformation Fund to begin the long-term transformation of the civil service model for learning and development.
To ask His Majesty's Government, with regard to the six-month extension of contract C2980 with KPMG at no additional cost (modification notice 2025/S 000-005296) and the upcoming Learning Frameworks 2.0 procurement (notice 2025/S 000-004188), whether a bridging arrangement with an alternative supplier was considered; whether KPMG has received any new...
To ask His Majesty's Government, with regard to the six-month extension of contract C2980 with KPMG at no additional cost (modification notice 2025/S 000-005296) and the upcoming Learning Frameworks 2.0 procurement (notice 2025/S 000-004188), whether a bridging arrangement with an alternative supplier was considered; whether KPMG has received any new...
As part of the contract extension, KPMG has not received any new contractual guarantees or assurances.
For the Learning Frameworks 2.0 competition, the procurement is being run as a fair and open competition.
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 KPMG in connection with its audits of Carillion plc and its subsidiary...
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 KPMG in connection with its audits of Carillion plc and its subsidiary...
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 accounting standards are closely connected and the defence to the action relates to both. The defence itself is held on the court file which can be inspected with the consent of the court.
To ask the Secretary of State for Health and Social Care, with reference to the contract awarded by her Department to KPMG LLP on 14 March 2023 under procurement reference CF-2270, whether a programme team has been established by the supplier for the contracted work.
To ask the Secretary of State for Health and Social Care, with reference to the contract awarded by her Department to KPMG LLP on 14 March 2023 under procurement reference CF-2270, whether a programme team has been established by the supplier for the contracted work.
NHS England ran a framework competition for technical support and implementation services, to support in delivering transformational changes across NHS England, integrated care boards, and NHS trusts in England. This included building capability for the Federated Data Platform (FDP), and enhancing wider data services functions, platforms, and integrating services. This contract was awarded to KPMG LLP.
The FDP Programme Team includes resources provided via this contract, in addition to substantive NHS England employees. NHS England has confirmed that a statement of work, along with an initial trust pipeline, have been identified. The team is continuing to engage with organisations that have piloted FDP products, and organisations in the pipeline, to firm up the rollout
To ask the Secretary of State for Health and Social Care, with reference to the contract awarded by her Department to KPMG LLP on 14 March 2023 under procurement reference CF-2270, whether the initial trust pipeline and Statement of Work delivery units have been identified for the implementation of the...
To ask the Secretary of State for Health and Social Care, with reference to the contract awarded by her Department to KPMG LLP on 14 March 2023 under procurement reference CF-2270, whether the initial trust pipeline and Statement of Work delivery units have been identified for the implementation of the...
NHS England ran a framework competition for technical support and implementation services, to support in delivering transformational changes across NHS England, integrated care boards, and NHS trusts in England. This included building capability for the Federated Data Platform (FDP), and enhancing wider data services functions, platforms, and integrating services. This contract was awarded to KPMG LLP.
The FDP Programme Team includes resources provided via this contract, in addition to substantive NHS England employees. NHS England has confirmed that a statement of work, along with an initial trust pipeline, have been identified. The team is continuing to engage with organisations that have piloted FDP products, and organisations in the pipeline, to firm up the rollout
To ask His Majesty's Government how much the Treasury has received in fines from KPMG for audit failures at Carillion, and what consideration they have given to using these to support Carillion employees who lost some of their pension rights.
To ask His Majesty's Government how much the Treasury has received in fines from KPMG for audit failures at Carillion, and what consideration they have given to using these to support Carillion employees who lost some of their pension rights.
Fines imposed following investigations by the Financial Reporting Council (FRC) under its Audit Enforcement Procedure (AEP) are required by law to be transferred to the Secretary of State and must be paid into the exchequer to be used to fund public expenditure generally.
The fines imposed under the AEP on KPMG and two former partners for audit failures at Carillion totalled £21,420,000 after settlement discounts.
To ask the Secretary of State for Transport, with reference to the contract awarded by his Department to KPMG LLP on 12 December 2023 under procurement reference TROP0094, if he will publish the (a) services to be delivered under that contract and (b) purpose of that work.
To ask the Secretary of State for Transport, with reference to the contract awarded by his Department to KPMG LLP on 12 December 2023 under procurement reference TROP0094, if he will publish the (a) services to be delivered under that contract and (b) purpose of that work.
a) Professional services
b) Support to the private sector financing of the Euston Quarter
To ask His Majesty's Government how many former employees of KPMG sit on the UK Endorsement Board.
To ask His Majesty's Government how many former employees of KPMG sit on the UK Endorsement Board.
Three Members of the UK Endorsement Board are former employees of KPMG.
To ask the Secretary of State for Health and Social Care, how much (a) NHS England, (b) Health Education England and (c) NHS Digital spent on consultancy work on the organisational merger and headcount reduction programme; how much NHS England (i) has spent and (ii) plans to spend under its...
To ask the Secretary of State for Health and Social Care, how much (a) NHS England, (b) Health Education England and (c) NHS Digital spent on consultancy work on the organisational merger and headcount reduction programme; how much NHS England (i) has spent and (ii) plans to spend under its...
Contract notices are published on Contracts Finder, which is available at the following link:
www.contractsfinder.service.gov.uk/
These notices include details on the length and value of contracts. All contracts were awarded via an open and fair process through established procurement frameworks.
Consultancy work on the organisational merger and headcount reduction programme will support the organisation in finalising its design and delivering changes to NHS England’s ways of working and shape that save up to £400 million each year.
To ask the Secretary of State for Transport, what the (a) value and (b) duration is of the contract between his Department and KPMG for research into internet connectivity for seafarers.
To ask the Secretary of State for Transport, what the (a) value and (b) duration is of the contract between his Department and KPMG for research into internet connectivity for seafarers.
The total contract value is £95,000. The contract was designed to run from 19th December 2022 - 28th February 2023, with provision built in to enable work to be extended if required at no additional cost to the department.
To ask His Majesty's Government, further to the Written Answer by Lord Callanan on 4 July (HL1456) in which he said that “it was not in the public interest to commence a criminal investigation” against KPMG for the Silentnight insolvency, whether they will now publish the legal advice upon which...
To ask His Majesty's Government, further to the Written Answer by Lord Callanan on 4 July (HL1456) in which he said that “it was not in the public interest to commence a criminal investigation” against KPMG for the Silentnight insolvency, whether they will now publish the legal advice upon which...
The legal advice is subject to legal professional privilege and therefore it is not appropriate to publish it.
To ask Her Majesty's Government, further to the Written Answers by Lord Callanan on 2 November 2021 (HL3320) and 1 February (HL5516), what progress they have made in bringing criminal charges against KPMG's insolvency partner for misconduct during the Silentnight insolvency.
To ask Her Majesty's Government, further to the Written Answers by Lord Callanan on 2 November 2021 (HL3320) and 1 February (HL5516), what progress they have made in bringing criminal charges against KPMG's insolvency partner for misconduct during the Silentnight insolvency.
The Insolvency Service has reviewed the evidence in this case, including the contents of the Financial Reporting Counsel’s Disciplinary Tribunal Report. A decision was reached that it was not in the public interest to commence a criminal investigation.
To ask Her Majesty's Government whether they will publish the names of recipients of fines levied upon KPMG and its audit partners by the Financial Reporting Council for failures in auditing the statutory accounts of Rolls Royce.
To ask Her Majesty's Government whether they will publish the names of recipients of fines levied upon KPMG and its audit partners by the Financial Reporting Council for failures in auditing the statutory accounts of Rolls Royce.
The fine imposed by the Financial Reporting Council against KPMG LLP in respect of the audit of the accounts of Rolls Royce plc was £4.2 million, adjusted for admissions and early disposal to £3.375 million. The fine imposed against the Audit Engagement Partner, Anthony Sykes, was £150,000, adjusted for admissions and early disposal to £112,500.
As the FRC investigation was under the FRC’s Audit Enforcement Procedure, the fines are subject to the requirement in regulation 5(7) of the Statutory Auditors and Third Country Auditors Regulations 2016 that the Financial Reporting Council must pay them to the Secretary of State at BEIS for remittance to the exchequer.
To ask Her Majesty's Government, further to the Written Answers by Lord Callanan on 20 May (HL127 and HL128), whether they asked Mike Ashley or Seema Jamil O’Neill for information when preparing their response; and if not, whether they will now do so.
To ask Her Majesty's Government, further to the Written Answers by Lord Callanan on 20 May (HL127 and HL128), whether they asked Mike Ashley or Seema Jamil O’Neill for information when preparing their response; and if not, whether they will now do so.
The UK Endorsement Board secretariat provides an administrative role with no executive function so staff in the secretariat should not be subject to parliamentary questions about their previous experience. However, I can assure the noble Baroness that all members of the secretariat were recruited through fair and open competition.
The Government did not ask Mike Ashley for information in preparing its response to the previous questions. Officials contacted Mr Ashley during preparation of a response to this question and he informed officials that, to the best of his recollection, he was the KPMG audit engagement partner for years ending 31/12/2001 until 31/12/2004 inclusive.