Britain's accounting watchdog investigates Eddie Stobart audits

LONDON (Reuters) - Britain's accounting watchdog has opened investigations into audits by KPMG and PwC of haulier Eddie Stobart Logistics .The company's shares were suspended in 2019 because of its failure to publish results on time after it found 2018 adjusted operating profit was overstated by about 2 million pounds ($2.46 million)."The Financial Reporting Council (FRC) has commenced two investigations into the audits of Eddie Stobart Logistics plc for the years ended 30 November 2017 (KPMG)..