{"id":14262,"date":"2014-01-26T09:10:44","date_gmt":"2014-01-26T08:10:44","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=14262"},"modified":"2014-01-26T09:54:21","modified_gmt":"2014-01-26T08:54:21","slug":"kpmg-to-pay-8-2-million-to-settle-sec-charges","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/kpmg-to-pay-8-2-million-to-settle-sec-charges\/","title":{"rendered":"KPMG To Pay $8.2 Million To Settle SEC Charges"},"content":{"rendered":"<p><!--[if gte mso 9]><xml>\n<w:WordDocument>\n<w:View>Normal<\/w:View>\n<w:Zoom>0<\/w:Zoom>\n<w:HyphenationZone>21<\/w:HyphenationZone>\n<w:PunctuationKerning\/>\n<w:ValidateAgainstSchemas\/>\n<w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n<w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n<w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n<w:Compatibility>\n<w:BreakWrappedTables\/>\n<w:SnapToGridInCell\/>\n<w:WrapTextWithPunct\/>\n<w:UseAsianBreakRules\/>\n<w:DontGrowAutofit\/>\n<\/w:Compatibility>\n<w:BrowserLevel>MicrosoftInternetExplorer4<\/w:BrowserLevel>\n<\/w:WordDocument>\n<\/xml><![endif]--><\/p>\n<h4><!--[if gte mso 9]><xml>\n<w:LatentStyles DefLockedState=\"false\" LatentStyleCount=\"156\">\n<\/w:LatentStyles>\n<\/xml><![endif]--><!--[if gte mso 10]>\n\n\n\n<style>\n \/* Style Definitions *\/\n table.MsoNormalTable\n\t{mso-style-name:\"Normale Tabelle\";\n\tmso-tstyle-rowband-size:0;\n\tmso-tstyle-colband-size:0;\n\tmso-style-noshow:yes;\n\tmso-style-parent:\"\";\n\tmso-padding-alt:0cm 5.4pt 0cm 5.4pt;\n\tmso-para-margin:0cm;\n\tmso-para-margin-bottom:.0001pt;\n\tmso-pagination:widow-orphan;\n\tfont-size:10.0pt;\n\tfont-family:\"Times New Roman\";\n\tmso-ansi-language:#0400;\n\tmso-fareast-language:#0400;\n\tmso-bidi-language:#0400;}\n<\/style>\n\n<![endif]--><span lang=\"FR\" style=\"font-size: 12.0pt; font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: FR; mso-fareast-language: DE-CH; mso-bidi-language: AR-SA;\">KPMG will pay $8.2 million to settle allegations it broke rules that require auditors to be <a href=\"http:\/\/www.sec.gov\/index.htm\" target=\"_blank\" rel=\"attachment wp-att-14270\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14270 alignright\" alt=\"US Securities and Exchange Commission\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/US-Securities-and-Exchange-Commission.jpg\" width=\"110\" height=\"110\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/US-Securities-and-Exchange-Commission.jpg 110w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/US-Securities-and-Exchange-Commission-64x64.jpg 64w\" sizes=\"auto, (max-width: 110px) 100vw, 110px\" \/><\/a>independent from clients in order to maintain objectivity and impartiality, the SEC said Friday.<\/span><\/h4>\n<p>Accounting firm KPMG LLP agreed to pay $8.2 million to settle allegations it broke rules that require auditors to be independent from clients to maintain objectivity and impartiality, the Securities and Exchange Commission said Friday.<\/p>\n<p>The SEC said KPMG broke auditor independence rules by providing services such as bookkeeping and expert services to affiliates of companies whose books it was auditing. Some KPMG personnel also owned stock in companies or affiliates of companies that were KPMG audit clients, another violation, the SEC said.<br \/>\n<strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/KPMG-TO-PAY-8.2-MILLION-TO-SETTLE-SEC-CHARGES.pdf\" target=\"_blank\">KPMG To Pay $8.2 Million To Settle SEC Charges<\/a><\/strong><br \/>\n<strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/D-C-24.1.2014.1.doc-SEC_KPMG_PressReleae_24.1.14.pdf\" target=\"_blank\">SEC KPMG PressRelease<\/a><\/strong><br \/>\n<strong><a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/KPMG-LLP-SEC_KPMG_CD_24.1.14.pdf\" target=\"_blank\">KPMG LLP SEC\u00a0<\/a> <\/strong><br \/>\n<strong><a href=\"http:\/\/www.frank-cs.org\/cms\/pdfs\/SEC\/SEC_KPMG_Investigation_Report_24.1.14.pdf\" target=\"_blank\"><i>SEC vs KPMG Report of Investigation<\/i><\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.w-t-w.org\/en\/kpmg-to-pay-8-2-million-to-settle-sec-charges\/kpmg\/\" target=\"_blank\" rel=\"attachment wp-att-14272\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14272\" alt=\"KPMG\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/KPMG.jpg\" width=\"439\" height=\"485\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/KPMG.jpg 439w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2014\/01\/KPMG-271x300.jpg 271w\" sizes=\"auto, (max-width: 439px) 100vw, 439px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KPMG will pay $8.2 million to settle allegations it broke rules that require auditors to be independent from clients in order to maintain objectivity and impartiality, the SEC said Friday. Accounting firm KPMG LLP agreed to pay $8.2 million to &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/kpmg-to-pay-8-2-million-to-settle-sec-charges\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-14262","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"KPMG will pay $8.2 million to settle allegations it broke rules that require auditors to be independent from clients in order to maintain objectivity and impartiality, the SEC said Friday. 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