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Adgm's Registration Authority Fines Kpmg Lower Gulf Limited For Audit Failings menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of USD 30,000 against KPMG for ineffective ....
ADGM's Registration Authority fines KPMG Lower Gulf Limited for audit failings bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
Abu Dhabi, 31st August 2023: The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of USD 30,000 against KPMG for ineffective systems and controls leading to non-compliance with audit requirements under RA-administered legislation. ADGM audit regulatory framework requires audit reports to be issued and signed by ADGM Registered Audit Principals on behalf of an ADGM Registered Auditor. The RA found that KPMG. ....
The future of audit is slated to be “real time” auditing at the click of a button, hinging on two key factors: the right technology and homegrown talent. ....