Compliance into the Weeds Compliance into the Weeds: Episode 128- KPMG Scandal
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into SEC enforcement action announced against KPMG this week.
Some of the highlights include:
Which part of the scandal is worse-bribery/corruption or falsifying standards?Can KPMG be trusted going forward?What led to the Board investigation of the educational scandal?Is this the end of KPMG? The Big Four?How could the firm create a culture so antithetical to integrity?Where does KPMG go from here?Who is qualified to be the Monitor?Will there be an additional SEC enforcement action?For additional reading see Tom’s blog post Day of Reckoning for KPMG-Failures in Ethics
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