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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. ....

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King opens Holocaust Museum, Herzog gives speech and calls for release of Jewish hostages

King Willem-Alexander arrived at the Portuguese Synagogue in Amsterdam for the opening of the National Holocaust Museum. The King was welcomed by Mayor Femke Halsema of Amsterdam and Arthur van Dijk, the King's Commissioner in Noord-Holland. Before entering the synagogue, the King was received in the Regency Room by Prime Minister Mark Rutte. Israeli President Isaac Herzog also took part in the so-called Ma'amad. The King gave a speech during the opening ceremony. Later, he will embark on a guided tour of the museum. ....

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U.S. regulator asks Dutch accountants to do extra investigation into exam fraud

The Public Company Accounting Oversight Board (PCAOB), the American regulator of accountants, has asked several Dutch accountancy firms to do an extra investigation into exam fraud among their employees. The six largest accountancy firms were already investigating the period 2017-2022, but the Americans want them to also include 2023, sources told Financieele Dagblad. ....

Hong Kong , United Kingdom , United States , Rob Bergmans , Roger Van Boxtel , Financieele Dagblad , Marc Hogeboom , Netherlands Authority On Financial Markets , Public Company Accounting Oversight Board , Netherlands Authority , Financial Markets ,

Deloitte is also guilty of exam fraud and sees its CEO leave

October 16, 2023 You have found the correct website to read more about Deloitte. Get more details about Deloitte in this article. ....

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