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.

The U.K. Financial Reporting Council disclosed an investigation into KPMG's audit of international sports betting and gambling company Entain Group.

Britain's accounting watchdog has started an investigation into the audit conducted by KPMG of the financials of bookmaker Entain for the year ended December 2022, it said on Monday. The Financial Reporting Council (FRC) said its investigation would be conducted by its enforcement division under the Audit Enforcement Procedure.

The UK auditing regulator said it was looking into KPMG LLP’s work on British gambling company Entain Plc’s accounts.

KPMG being probed by accounting watchdog over Entain audit - The Financial Reporting Council said it had launched an investigation into KPMG’s work on Entain’s 2022 accounts.

The Financial Reporting Council (FRC) launched an investigation into KPMG on Monday, over its audit of Entain’s 2022 financial statements.

The Financial Reporting Council (FRC) said on Monday that it commenced an investigation in relation to the audit conducted by KPMG of the consolidated financial statements of Entain for the year ended

Industry watchdog the Financial Reporting Council said it will probe the accounting giant's work on Ladbrokes' owner Entain's 2022 accounts.