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September 25, 2023

When accounting goes unaccounted for

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Accountants Behaving Badly: Police Department Accountant Couldn’t Be Bothered, PPP Loan Fraud, and a Creepy Tax Preparer Monday Morning Accounting News Brief: UK Big 4 Firms Overhired, Dump Staff; KPMG Bracing For (Another) Big Fine | 9.25.23 Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23 Now the Profession Is Losing Experienced Accountants Too Opinion: On-the-Job Experiential Learning Credit to Meet the 150-hour Requirement Makes Sense

malpractice

KPMG Rocks signs held by a woman in a KPMG shirt
KPMG

KPMG Takes Victory Lap In Merrimack College Financial Aid Fraud Case

by Jason Bramwell

Merrimack College suffered two defeats on/in court yesterday. Its men’s basketball team got blown out by the Providence Friars 93-56. And it lost a case in a courtroom in Massachusetts to KPMG, although the jury found that KPMG wasn’t completely blameless in the student loan fraud case. Law360 reported: A Boston jury said negligence by […]

KPMG

KPMG Heads to Court Next Week to Defend Itself for Being KPMG

by Jason Bramwell

Merrimack College in North Andover, MA, is trying to get some of that Klynveld money, alleging in a lawsuit that KPMG committed professional malpractice, breach of contract, negligence, and negligent misrepresentation. From Courtroom View Network: Accounting giant KPMG heads to trial next week in Massachusetts state court in a malpractice lawsuit filed by Merrimack College […]