Mar 22, 2024 09:43 AM
CX DAILY
CX Daily: U.S. watchdog fines three KPMG China partners for audit violations
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The U.S. audit watchdog imposed financial penalties on three partners of Chinese mainland-based affiliate of KPMG. Photo: VCG
Audit /
U.S. watchdog fines three KPMG China partners for audit violations
The U.S. audit watchdog said it fined three partners of the Chinese affiliate of KPMG, one of the “Big Four” global accounting firms, after an investigation found they had violated its standards in their audit of a Nasdaq-listed Chinese company that was subsequently found to have intentionally inflated its revenue.
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