Audit & Accounting

Securities and Exchange Commission chief accountant Donald T. Nicolaisen has asked KPMG LLP to correct a statement that he says the firm attributed to him in a letter it sent to clients.

The Securities and Exchange Commission is looking for qualified accounting professors to fill four available academic fellowships at its headquarters in Washington.

Chicago (Sept. 21, 2004) -- KPMG LLP has sold its U.S. Corporate Recovery practice to privately held Mesirow Financial, a financial services firm based here.

New York (Sept. 21, 2004) -- A trend among the nation's four largest accounting firms of dropping small audit clients reportedly has the Securities and Exchange Commission's chief accountant concerned.

The Spirit of Accounting: 150 columns and still going