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KPMG Steps Down As Fifa Auditors

Fédération Internationale de Football Association (FIFA)’s auditing firm, KPMG has stepped down as auditor of the body.
The global soccer body, disclosing this on Monday, said it was a development to pave way to working with another audit firm.
Authenticating this news, KPMG also 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 US 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, are essential steps in this process,” Fifa said in its statement.

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