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On April 5, the Public Company Accounting Oversight Board levied a $100,000 fine against Scott Marcello, the former Vice Chair of Audit at KPMG. The penalty is noteworthy for two...
Public Company Accounting Oversight Board levied $100,000 fine against Scott Marcello, former Vice Chair of Audit at KPMG. Penalty is noteworthy, largest monetary penalty ever levied by PCAOB in case settled with individual; PCAOB sanctioned someone under the Sarbanes-Oxley Act of 2002 SOX