 Archived at the Wayback machine</ref><ref>Gulf Business, Oman regulator suspends KPMG from new auditing work over "irregularities" - A review by the CMA "established professional negligence on the part of some audit firms", retrieved on 14 November 2018.Archived at the Wayback machine</ref><ref name="McCance-15Nov2018"></ref>

In 2019 KPMG were fined £5 million by the Financial Reporting Council for misconduct shortly after the takeover of the Britannia Building Society by The Co-operative Bank, particularly relating to the valuation of Britannia's commercial loans and other liabilities.The takeover led to the near collapse of The Co-operative Bank.<ref name=guardian-20190508></ref>

In January 2018, it was announced that KPMG, auditor of collapsed UK construction firm Carillion, would have its role examined by the Financial Reporting Council,<ref></ref> (FRC) and it was summoned to give evidence before two House of Commons select committees on 22 February 2018.<ref></ref>

On 13 February 2018, the 'Big 4' accountancy firms, including KPMG, were described by MP Frank Field as "feasting on what was soon to become a carcass" after collecting fees of £72m for Carillion work during the years leading up to its collapse.<ref name="Davies-13Feb2018"></ref> KPMG was singled out for particular criticism for signing off Carillion's last accounts before a profit warning in July 2017