Friday, March 23, 2018

SEC Charges KPMG, Deloitte & BDO Units with Improper Audits

The SEC has charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for “their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB).” The auditors have settled the charges by paying penalties or disgorging their profits from ...

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