KPMG failed to properly audit private debt manager Bridging Finance, OSC says

Ontario securities regulator alleges accounting giant’s reports on Bridging gave investors a ‘false sense of confidence’ ...

KPMG Faces Allegations of Blown Audit in Private Credit Collapse

Canada’s top securities regulator alleged that KPMG LLP, the auditor for four funds managed by collapsed private lender ...

OSC alleges auditing failures by KPMG in connection with four Bridging Finance Inc. funds

Today, the Ontario Securities Commission (OSC) filed an Application for Enforcement Proceeding against KPMG LLP, for audit failures relating to KPMG's 2019 and 2020 audits of four funds managed by ...
International Accounting Bulletin on MSN

KPMG plans to shed hundreds of roles in audit division – report

The proposed cuts may impact assistant manager posts occupied by qualified accountants.

KPMG allegedly misused Lendlease data to win audit work

The firm said two separate law firms had already examined the allegations but were “unable to substantiate any claims of ...

KPMG Plans to Cut Hundreds of Jobs In Auditing Division

KPMG UK has told nearly 600 staffers in its audit business that their jobs are at risk, according to people familiar with the ...

KPMG cleared by UK watchdog over audit of gambling group Entain

The UK accounting watchdog has dropped its investigation into KPMG over its auditing of Ladbrokes owner Entain without taking ...
Accounting Today

KPMG to pay $6.2M to settle audit failure charges

KPMG has agreed to pay more than $6.2 million to settle charges it failed to properly audit the financial statements of Miller Energy Resources, a Knoxville, Tenn.-based oil and gas company that ...