KPMG has agreed to pay $8.2 million to settle Securities and Exchange Commission charges that the firm violated rules requiring auditors to remain independent from the public companies they’re auditing to ensure they maintain their objectivity and impartiality.
KPMG to Pay $8.2M to Settle SEC Charges of Violating Auditor Independence Rules
All Accounting Today articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, blog discussions, and conference discounts. Registered members may also choose to receive our exclusive Tax Pro Today e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.