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Accountancy

PwC and KPMG under investigation over audits of Eddie Stobart

The accounting watchdog has launched an investigation into KPMG and PwC over that accountancy firms' audits of haulage firm Eddie Stobart Logistics.

The Financial Reporting Council said on 26 May that its enforcement division will scrutinise audits related to the lorry company's accounts for 2017 and 2018.

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