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KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.
March 4
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The Securities and Exchange Board of India found that about 20 billion rupees may have been diverted from the entertainment company.
February 21
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Current loans at EYGS LLP — the entity that provides services to the network's member firms — more than tripled from a year earlier to $983 million as of June 30, 2023.
February 12
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The international network's revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.
February 8
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A Seoul court cleared Samsung Electronics Executive chairman Jay Y. Lee of all charges including stock-price manipulation and accounting fraud.
February 8
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Prosecutors sought a five-year prison sentence along with a fine on charges of stock-price rigging and accounting fraud.
February 5
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The international network has signed up five collaborating firms in Argentina, Chile, Colombia and Mexico.
January 30
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The Korean internet and messaging powerhouse has hired a law firm to probe SM's books at the request of Kakao board's audit committee
January 29
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The Global Reporting Initiative published a major update to its standard for disclosing impacts on plant and animal species.
January 25
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Global fee income for accounting and audit services increased 15% to $3.6 billion, while RSM's tax revenues jumped 17% to $2.6 billion.
January 23
