Tag Archives: KPMG
Ruschak New PhD Project President
SHARE: Blane Ruschak has been selected as The PhD Project’s new president, following the retirement of Bernie Milano. Mr. Ruschak previously servied as KPMG’s Executive Director for Campus Recruiting and University Relations. NASBA is a sponsor of The PhD Program.
PCAOB Makes KPMG Criticisms Public
SHARE: The Public Company Accounting Oversight Board has made public portions of its inspection report of KPMG LLP based on its determination that the firm failed to address certain criticisms contained in the PCAOB’s October 15, 2015 and November 9, 2016 inspection reports on the firm. Those portions can now be viewed within the public…
UK Profession Facing Criticism
SHARE: The UK’s Financial Reporting Council’s (FRC) audit inspection results have shown a “fall in quality” of the largest accounting firms with only 72 percent requiring no more than limited improvements, while in the previous year 78 percent needed no more than limited improvements. The FRC is calling on the UK firms to take action…
Regulatory Environment Questioned
SHARE: State Board Report September In the recently released Forbes study, “The Future is Now,” researched with KPMG LLP, a survey of corporate executives found an increasing number believe the “regulatory environment” is one of the “biggest challenges to enhancing the role of audit/the auditor.” The 200 respondents surveyed in October 2016 included 46 audit…
KPMG Discovers PCAOB Leak
SHARE: State Board Report May 2017 KPMG’s discovery that it had received advance information of which engagements would be inspected by the Public Company Accounting Oversight Board led to its firing of five partners, plus another staff member, and contacting both the Securities and Exchange Commission and the Public Company Accounting Oversight Board. One of…