KPMG steps down as auditor of FIFA

 

(REUTERS) – Auditing firm KPMG has stepped down as auditor of FIFA, the global football body said yesterday, saying it was welcoming the opportunity to work with a new audit firm.KPMG confirmed it had resigned, but declined further comment. It said in September it had launched an internal review of its Swiss business over audits of FIFA’s financial record-keeping.
FIFA is facing serious allegations involving financial transactions under Swiss and U.S. investigations, and President Gianni Infantino has said he has launched a comprehensive financial audit of the organisation’s finance function.
“The appointment of a new auditor, coupled with the appointments of a new chief financial officer and a new chief compliance officer, is an essential step in this process,” FIFA said in its statement.

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