KPMG LLP

Financial Fraud

SANCTION AMOUNT: $50,000,000

Defendants: KPMG LLP

The Commission charged that Respondent altered past audit work after receiving stolen information about inspections of the firm that would be conducted by the PCAOB, and also that "numerous" of its audit professionals cheated on internal training exams. Respondent agreed to settle the charges.

Key Docs
Official SEC press release

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