KPMG Fined $25Million Over Exam Cheating Scandal
KPMG Netherlands has been fined $25 million by the US regulator Public Company Accounting Oversight Board (PCAOB) for widespread cheating during compulsory exams and misleading regulators in the US and the Netherlands. “The PCAOB found that widespread improper answer sharing occurred at the firm over a five-year period and that the firm made multiple…