Tag Archives: audit error gaffe

KPMG commits $1.9 billion gaffe?! Who says bigger is better!?!

A partner at KPMG, Christopher Whittingham, led a team of twenty auditors that signed an unqualified audit report on the financial accounts of Allco Finance Group for the year ended June 30, 2007; however, those financials had misclassified debt of 1.9 … Continue reading

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