▪️Banned For Life; Why KPMG Netherlands’ former audit boss Marc Hogeboom will never work for a firm that audits US public companies till he dies – PCAOB + Penalty, largest in US accounting regulator’s history Hundreds of staff in KPMG’s Netherlands business, including senior partners and managers, cheated on professional exams, and the firm misled investigators about the misconduct, according to the US audit regulator. The Dutch arm of KPMG was on Wednesday fined $25mn by the Public Company Accounting Oversight Board (PCAOB), the largest penalty in the US…
Read MoreKPMG, Deloitte Indicted In Exam Cheating Scandal, Fined $27 Million
