- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The Department of Justice and the SEC are bringing charges including fraud and conspiracy against former KPMG and PCAOB staff over a leak that compromised inspections.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
After new allegations at KPMG of cheating on internal training tests, audit committees now have another area of questioning for their external auditors.
The SEC has fined KPMG for not only allegations of cheating on regulatory inspections, but also new charges of numerous auditors cheating on training exams.
Charges of fraud and conspiracy have rocked the audit profession and raised concerns about the regulatory process, leaving audit committees with more questions to ask auditors.
