SEC Fines and Bans Three Accounting Firm CPAs for Not Doing Their Jobs Very Well
Three CPAs from a New Jersey public accounting firm most of you probably have never even heard of got their wrists slapped by the SEC on Sept. 30 for signing off on the audits of an IT company’s financial statements, even though the company’s CEO and CFO were perpetuating a massive fraud. Schulman Lobel Zand […]
New York Puts Deloitte in Time-out Over Standard Chartered
Remember last summer when Deloitte got itself wrapped up in a big international money laundering scandal? It was pretty exciting international intrigue-y stuff! The New York Department of Financial Services fined Standard Chartered bank $340 million last August for helping Iran move money around and now Cuomo & Co. have gotten around to holding Deloitte responsible […]