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Posts Tagged KPMG

Autonomy and the “willful shock” that accompanies the strategic termination of willful blindness

Guest Post by Charles Seavey [Ed. Note: I found this article in a LinkedIn industry group. With the author's permission, it is reposted here. Charles Seavey is a lawyer, consultant and writer. He is one of the few folks who writes more articles than I do! Recently I was asked why we post so many [...]

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Another Black Eye For KPMG And The Audit World

by Brian Mahany Japan’s Financial Services Agency ordered KPMG affiliate KPMG Azsa to dramatically improve the quality of their audits. The Japanese regulator had similar words for Ernst & Young ShinNihon as well. This action comes on the heels of one of the worst accounting scandals in Japanese history, last year’s revelation that Olympus, a [...]

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Win Some, Lose Some

by Brian Mahany We follow large fraud cases against auditing firms. Look no further than this blog for plenty of horror stories about auditors turning a blind eye to corruption and fraud. Unfortunately, the system is broken. How can an auditor truly be independent when he or she is dependent on the client to get [...]

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