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March 25, 2023

When accounting goes unaccounted for

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KPMG Used Confidential Inspection Info to Snatch BBVA Away From Rivals, Report Says

by Jason Bramwell

If you missed this late last week, Francine McKenna of MarketWatch detailed how KPMG used access to confidential Public Company Accounting Oversight Board inspection information to poach a client from its Big 4 rivals. The client, Spanish bank BBVA, was one of nearly a dozen KPMG clients caught up in the audit inspection scandal. Others […]