KPMG & Deloitte in trouble over HP-Autonomy Deal
A new shareholder lawsuit over Hewlett-Packard's acquisition of British software firm Autonomy has named Big Four audit firms KPMG & Deloitte as defendants, alleging...
Carter’s Accounting Fraud
Securities and Exchange Commission charged Michael Johnson, a divisional merchandise manager at Kohl's, which is a national department store. The complaint alleged that Johnson...
How does money laundering and terror financing affect the economy ?
Money laundering is a prima facie harmless crime. It is a process of simply changing the color of the money. Though it is supported...
SFIO to probe KPMG role in INR870 Crore Reebok case
Global audit major KPMG will face questions from the Serious Frauds Investigation Office (SFIO) in connection with the Rs 870-crore alleged fraud at Reebok...