3 ms·
KPMG audits more US banks than any other accounting firm because it is more willing to sign off on weak financial statements than any other accounting firm. Th
by gamblor956 4y ago
KPMG audits more US banks than any other accounting firm because it is more willing to sign off on weak financial statements than any other accounting firm.
They've been fined by the PCAOB for this several times and have lost several major clients (Skechers, Herbalife) in the Los Angeles area alone due to severe audit practice issues.