Women in business
June 28, 2021 BY Steffy Bogdanova

KPMG study reveals women execs took on more responsibilities during the pandemic

53% of women who participated in the study believe that their company’s culture changed in this period and focused on “flexibility, individual wellness and team inclusivity”. According to the research report, 76% adopted new activities in order to promote and cultivate wellness. 84% of participants said mentors were essential in developing their resilience and 64%…

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KPMG unveils institutional crypto management platform KPMG Chain Fusion
June 26, 2020 BY Steffy Bogdanova

KPMG unveils institutional crypto management platform KPMG Chain Fusion

KPMG Chain Fusion’s goal is to support companies to achieve smooth adoption of crypto business capabilities and enable them with technology products for data, custody and infrastructure. The platform allows organizations to overcome challenges such as cryptographic proof of assets under custody, deployment and integration of custody capabilities like multi-party computational crypto asset wallets and…

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March 14, 2018 BY Valentina Kirilova

SEC charges foreign affiliates of KPMG, Deloitte, BDO

The Securities and Exchange Commission (SEC) announced that it has charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB). The firms agreed to settle the charges by paying penalties or disgorging their profits from the…

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Michael Cunningham Invast Global
February 01, 2018 BY LeapRate Staff

Invast Global adds KPMG partner and risk expert Michael Cunningham as non-executive Director

Australia based boutique multi-asset prime broker Invast Global has announced the appointment of ex-Citigroup, Goldman Sachs Treasurer and former KPMG Partner Michael Cunningham as a Non-Executive Director to its Board of Directors. ASIC licensed Invast Global is a subsidiary of Jasdaq-listed Invast Securities Co. Ltd. (TYO:8709), and has grown over the past few years to…

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KPMG accountants charged steal test
January 22, 2018 BY LeapRate Staff

Six CPAs charged with 'Stealing the Exam' ahead of KPMG audit inspections

The U.S. Securities and Exchange Commission has announced charges against six certified public accountants, including former staffers at the Public Company Accounting Oversight Board (PCAOB) and former senior officials at KPMG LLP, arising from their participation in a scheme to misappropriate and use confidential information relating to the PCAOB's planned inspections of KPMG. The SEC's…

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SFC fines
August 15, 2017 BY LeapRate Staff

KPMG to pay $6.2 million SEC fine following audit failures

The U.S. Securities and Exchange Commission today announced that KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of an oil and gas company, resulting in investors being misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit also…

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