Equipping professional accountants for sustainability
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KPMG Australia has been slapped with a hefty fine over training-related misconduct, which involved “widespread” improper answer sharing on the firm’s mandatory training tests.
The US audit watchdog has fined KPMG Australia US$450,000 having found that the firm violated the Public Company Accounting Oversight Board (PCAOB) over several years in connection with its internal training program.
Read more at Investor Daily.