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KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the ...
The KPMG tax shelter fraud scandal involved illegal U.S. tax shelters by KPMG that were exposed beginning in 2003. In early 2005, the United States member firm of KPMG International, KPMG LLP , was accused by the United States Department of Justice of fraud in marketing abusive tax shelters .
This comes after the SEC charged another large audit firm, KPMG, in 2019 for its auditors cheating on exams. Jennifer Schonberger covers cryptocurrencies and policy for Yahoo Finance. Follow her ...
Exam cheating by audit professionals [ edit ] In June 2022, the SEC fined the firm US$100 million "for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC's Enforcement Division during the Division's investigation of ...
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Pages in category "Cheating in business" ... 0–9. 2018 Master Sommelier exam cheating scandal; T. Tacit collusion; V. Volkswagen emissions scandal
2017–18 NCAA Division I men's basketball corruption scandal; 2017–2018 South African listeriosis outbreak; 2018 Australian rockmelon listeriosis outbreak; 2018 Bracton Law Society Scandal; 2018 Master Sommelier exam cheating scandal; 2018 opinion rigging scandal in South Korea; 2018 US Open – Women's singles final
Global auditor KPMG said on Monday it will axe up to 400 staff in South Africa in its latest shake-up following a corruption scandal in the country, which saw it lose several major clients. The ...