Auditors KPMG (EDDC new external auditor) resigns as FIFA auditor

KPMG recently replaced Grant Thornton as external auditor to East Devon District Council.

“Fifa has welcomed the decision by its financial auditor KPMG to resign. The break in a decade-long relationship was announced Monday, months after KPMG said it would review its work with football’s scandal-hit world governing body.

In a statement, Fifa said it “welcomes this change as it gives the organisation the opportunity to work with a new audit firm.” It also noted “serious allegations involving financial transactions outlined by the Swiss and US authorities” who are investigating corruption implicating top football officials worldwide.

In a wide-ranging reform of its management structure, Fifa is looking to appoint an auditor plus finance and compliance officers. Fifa fired its finance director Markus Kattner last month after 13 years’ service over irregular bonus payments, worth millions of dollars.”

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