The Securities and Exchange Commission today charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB).
The firms agreed to settle the charges by paying penalties or disgorging their profits from the audits.
via Foreign Affiliates of KPMG, Deloitte, BDO Charged in Improper Audits
