FCPA Compliance Report

Francine McKenna with an update on the KPMG-PCAOB Scandal


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In this episode I visit with one of my favorite people, Francine McKenna, a reporter at MarketWatch. We check in on the current developments in the KPMG-PCAOB scandal including recent guilty pleas, sentencing and where the matter might finally be headed. Some of the highlights include:

·       A review of the Indictment and underlying facts.

·       A review of the horrendous facts about KPMG that came out during the March trial.  

·       What does it say about the PCAOB that two of its former Board members were witnesses for the defense in the trial? 

·       What did all this mean for KPMG head Lynne Doughtie? What does all this mean for audit independence, particularly in the Jay Clayton era at the SEC?

·       Where can listeners go for more information?

Resources

Francine McKenna on MarketWatch

MarketWatch website

Re: The Auditors blogsite

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FCPA Compliance ReportBy Thomas Fox

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