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Accountancy office KPMG Netherlands agrees to $25 million settlement with US regulator

The KPMG Netherlands accounting office has agreed to a settlement with American regulator PCAOB (Public Company Accounting Oversight Board) regarding the findings of an investigation into sharing answers in exams for mandatory employee training. The office will pay a fine of 25 million dollars. The company's fine is the biggest monetary penalty in the PCAOB's history.
United States Van Boxtel Roger Van Boxtel Marc Hogeboom Stephanie Hottenhuis Public Company Accounting Oversight Board
Source: nltimes.nl

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