Thursday, December 9, 2021

Audit

UK watchdog criticises KPMG over “unacceptable” bank audits

KPMG's bank audits needed improvements for an "unacceptable" third year running and the accounting firm will be closely monitored, Britain's auditing watchdog said on Friday in an unusually blunt assessment of leading accountants. The Financial Reporting Council (FRC) said checks...

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Former Malaysian Prime Minister Loses Appeal of 1MDB Conviction

A Malaysian court on Wednesday upheld former premier Najib Razak's conviction on corruption charges over a multi-billion dollar scandal...