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Posted inAccounting / Crime / Financial crisis / News

S&P to Face Civil Charges for Faulty Ratings

by editorMay 10, 20180

The Justice Department is filing civil charges against the credit rating agency Standard & Poor’s for improperly rating mortgage securities leading up to the nation’s … S&P to Face Civil Charges for Faulty RatingsRead more

Posted inAccounting / ToMl

Lynn Turner Wants to Break up the Big Four

by editorFebruary 25, 20180

Ernst & Young. Deloitte. PricewaterhouseCoopers. KPMG. The Big Four auditing firms. Lynn Turner is the former Chief Accountant at the Securities and Exchange Commission (SEC). … Lynn Turner Wants to Break up the Big FourRead more

Posted inAccounting / Collapse / Economics / ToMl

Fallout from Carillion Collapse Hits KPMG

by editorFebruary 12, 20180

Next Arthur Andersen? No, the “Final Four” audit firms are “too big to replace.” As the rubble from the financial collapse of British infrastructure giant … Fallout from Carillion Collapse Hits KPMGRead more

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