Posts Tagged ‘kpmg’
Ex-KPMG Boss Fined on Insider Tip Scandal
The Public Company Accounting Oversight Board has fined the former vice-chair of KPMG’s audit practice $100,000 for his role in a scandal where KPMG offered jobs to PCAOB employees in exchange for confidential information about upcoming inspections of KPMG audits. You might remember the story from several years ago. The feds indicted three KPMG partners…
Read MoreAnother KPMG Cheating Scandal!
A bit of embarrassing news for KPMG from Down Under: the PCAOB has fined the firm’s Australia affiliate $450,000 for a cheating scandal among more than 1,100 employees there, two years after regulators sanctioned KPMG’s U.S. offices for essentially the same offense. From at least 2016 until early 2020, according to the PCAOB’s settlement order,…
Read MoreQuestions on KPMG Ethics Fiasco
By now you might already know the news: KPMG, one of the largest audit firms in the world, has agreed to pay $50 million to the Securities and Exchange Commission to settle charges from two separate scandals at the firm — one related to KPMG partners offering jobs to audit industry regulators in exchange for…
Read MoreQuestions on KPMG Compliance Survey
KPMG just published a survey of chief compliance officers that’s chock full of numbers and charts telling where CCOs plan to take their compliance programs in 2019. It’s well worth your time to read — although, to my reading, some of the findings don’t quite add up. The survey polled 220 chief compliance officers at…
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