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FRC to investigate KPMG’s over its Ted Baker work

06 June 2016

The Financial Reporting Council (FRC) has announced an investigation under the Accountancy Scheme into the conduct of KPMG Audit in relations to their consideration of and compliance with ethical standards in connection with the provision of non-audit services during their audit of the financial statements of Ted Baker plc and one of its significant affiliates for the periods ended 26 January 2013 and 25 January 2014.

No members employed by Ted Baker plc are the subject of the FRC’s investigation.

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