A former KPMG partner involved in the audit of Xerox Corp. has accepted a one-year ban on auditing public companies.
The Securities and Exchange Commission said that Joseph Boyle, 62, settled charges that he failed to tell the Xerox audit committee about accounting improprieties or take appropriate steps after company management didn't correct the violations. Boyle settled without either admitting or denying wrongdoing, according to the SEC.
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