Six KPMG auditors and a PCAOB employee face criminal and civil charges for leak of confidential PCAOB information to KPMG
In April of 2017, the Wall Street Journal and other media outlets reported the terminations of six KPMG personnel, including the head... Read More
Hong Kong proposes legislation giving its Financial Reporting Council responsibility to investigate and discipline auditors
Interesting article in Accounting Today regarding proposed legislation to be introduced in Hong Kong’s Legislative Council on January 24 giving the Financial Reporting... Read More
Supreme Court agrees to review constitutionality of SEC ALJs
Today, the Supreme Court agreed to consider whether the hiring of SEC Administrative Law Judges violates the appointments clause of the Constitution.... Read More
PwC liable for Taylor Bean fraud
A federal court recently issued a rare finding of liability against a Big Four auditor for professional malpractice. In a December 28,... Read More