Rolls-Royce Holdings Plc

KPMG’s Audits of Rolls-Royce Accounts Probed By Regulator

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Britain’s accountancy watchdog has opened an investigation into KPMG’s audit of the accounts of aero-engine maker Rolls-Royce. The Financial Reporting Council (FRC) will probe the accountancy giant’s oversight of Rolls-Royce’s financial statements covering four years. It follows Rolls-Royce’s settlement of £671m with the Serious Fraud Office in January over corruption allegations. KPMG said it was … Read more

Boeing, Aerospace Manufacturers Back U.S. Tax Overhaul

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Boeing Co (BA. N) and about 90 other aerospace companies are urging Congress to overhaul the U.S. tax system, saying a set of changes Republicans proposed last year – including a big cut in the corporate tax rate – will make them more competitive globally and help create U.S. jobs. Boeing Chief Executive Dennis Muilenburg … Read more