Cheaters

“KPMG Ex-Partner Convicted In ‘Steal the Exam’ Scandal,” The Wall Street Journal, March 12, 2019.   Headline says it all.

Another Governance post, although Information and Compliance are implicated as well.  “KPMG’s former national managing partner for audit quality and professional practice” convicted.  Heisted government information to find out which audits the Public Company Accounting Oversight Board were going to look at in depth.  Worked with an employee of PCAOB.

What does it say when a managing partner at a big-name accounting firm is stealing information in the course of the company’s business?  Insufficient information controls at the PCAOB or KPMG? Both?

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Filed under Theme One: Information, Theme Three: Compliance, Theme Two: Governance

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