PCAOB Fines KPMG, Deloitte Units $27M For Cheating Claims

By Sarah Jarvis (April 10, 2024, 11:41 AM EDT) -- KPMG Netherlands and two Deloitte units will pay a combined $27 million to settle allegations from the Public Company Accounting Oversight Board of widespread answer sharing in their internal training programs, with KPMG's $25 million penalty marking the largest fine PCAOB has ever imposed....

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