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KPMG PENALTIES FOR STAFF
KPMG Australia fines staff up to $126,000 for 'unacceptable' misconduct in audit scandalKPMG Australia has penalized seven staff members for misusing confidential client information. Financial penalties up to A$180,000 were imp...- Australia to tighten scrutiny of Big Four Deloitte, EY, PwC, KPMG after wave of scandalsAustralia will enhance its oversight of major accounting firms following recent governance issues. The government has directed the Australi...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Explainer: How big are the Big Four accounting firms in China?Chinese regulators have imposed a six-month business suspension and a record fine of $62 million on PwC's auditing unit in mainland China o...
- Pricewaterhouse flagged discrepancies in GoMechanic’s FY20 audit; PhonePe raises $350 million with more to comeA senior executive at one of the ‘Big Four’ audit firms said qualifications are always a negative for a company and it means the company be...
- RBI revises priority sector norms, includes more categoriesRBI said on Thursday that foreign banks that have more than 20 branches should achieve lending targets to agriculture, small and medium siz...
- Walmart's India fallout started with allegations of bribery in MexicoIf not for Mexico, Gurgaon based transport co might still be plying trucks for Bharti Walmart, joint venture of the world’s largest retaile...
- Exporters opposed to Finance Ministry proposal of onsite auditsExporters have opposed a finance ministry proposal of onsite audits at the premises after their consignments are cleared, a move that may l...
- US auditor also slipped on Satyam accountsIt looks like even the auditors' auditor, Public Company Accounting Oversight Board, missed the gigantic fraud in Satyam Computers. Satyam'...
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