Two Ex-KPMG Auditors Were Told By the SEC to Have a Seat On the Sidelines For a While
Two former KPMG auditors who worked on the ill-fated audit of a not-for-profit college agreed to having their wrists slapped by the SEC for their roles in the school’s collapse: The Securities and Exchange Commission today suspended two former KPMG auditors [Christopher Stanley and Jennifer Stewart] from practicing before the SEC in connection with settled […]
Ex-PwC Senior Manager Got Busted for Trying to Pull a Fast One on PCAOB Inspectors
If you try to do something to outsmart PCAOB inspectors, more often than not you’ll end up looking like the big dummy. Case in point, former PwC senior manager Ryan Collins, who was barred by the U.S. audit cops on July 21 for altering workpapers. Collins, who worked at P. Dubs from September 2010 until […]
Deloitte Fined $2M for Allowing Suspended Audit Partner to Keep on Auditing
Accounting giant Deloitte & Touche will pay a $2 million penalty to settle civil charges that it allowed a suspended auditor to continue working in the firm's public company audit practice, the U.S. audit watchdog said Tuesday. The Public Company Accounting Oversight Board, the body that polices auditors, said the fine matches a record penalty imposed […]