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Britain"s PwC fined $5.8 million over audit of Redcentric

Britain's accounting watchdog said on Thursday it had fined PwC 4.55 million pounds ($5.8 million) for failing to challenge management at IT services company Redcentric where a 20 million pound hole was later found in the books......»»

Category: topSource: reutersJun 13th, 2019

KPMG fined $6 million in Britain over audit of Quindell

LONDON (Reuters) - Britain's accounting watchdog fined auditor KPMG 4.5 million pounds ($6 million) on Monday for failings in its audit of Quindell Plc, after the legal services firm twice restated its accounts leading to heavy losses......»»

Category: topSource: reutersJun 11th, 2018

KPMG fined $4.3 million in Britain over audit of Quindell

LONDON (Reuters) - Britain's accounting watchdog fined KPMG 3.2 million pounds ($4.3 million) on Monday for failings in its audit of Quindell Plc, after the legal services firm twice restated its accounts leading to heavy losses......»»

Category: topSource: reutersJun 11th, 2018

KPMG fined $50 million for using stolen data, exam fraud: U.S. SEC

KPMG LLP has agreed to pay a $50 million fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday......»»

Category: topSource: reutersJun 17th, 2019

Goldman Sachs fined $45 million by UK watchdog for reporting failures

Britain's markets watchdog said on Thursday it had fined Goldman Sachs International a record 34.3 million pounds ($45 million) for failing to provide accurate reporting of transactions over a decade......»»

Category: topSource: reutersMar 28th, 2019

UK watchdog fines Goldman Sachs $45 million for reporting failures

Britain's markets watchdog said on Thursday it has fined Goldman Sachs 34.3 million pounds ($45.07 million) for failing to provide accurate and timely reporting of transactions spanning a decade......»»

Category: topSource: reutersMar 28th, 2019

UK regulator fines KPMG for misconduct on Ted Baker audit

The UK's Financial Reporting Council has fined accountants KPMG three million pounds and reprimanded and fined senior partner Michael Francis Barradell for misconduct related to auditing of British fashion retailer Ted Baker's accounts......»»

Category: topSource: reutersAug 20th, 2018

Standard Chartered fined $133 million by Britain"s financial watchdog

Standard Chartered Plc said on Wednesday Britain's financial watchdog had imposed a fine of 102.2 million pounds ($133.34 million) in relation to its investigation into the bank's historical financial crime controls......»»

Category: topSource: reutersFeb 20th, 2019

StanChart fined $133 million by Britain"s financial watchdog

Standard Chartered Plc said on Wednesday Britain's financial watchdog has imposed a fine of 102.2 million pound ($133.3 million) in relation to its investigation into the bank's historical financial crime controls......»»

Category: topSource: reutersFeb 20th, 2019

Most Audited City in Every State

The prospect of an income tax audit by the Internal Revenue Service is a daunting one. The IRS audits about 1.1 million tax returns each year. To minimize the likelihood of a mistake — and........»»

Category: blogSource: 247wallstSep 10th, 2019

Read this before allowing your kids to go anywhere near a computer

YouTube was fined $170 million for allegedly collecting children’s data. It did not admit any wrongdoing......»»

Category: topSource: marketwatchSep 7th, 2019

U.S. audit regulator levied only $6.5 million in fines in 16 years: study

A top U.S. accounting watchdog has brought only 18 enforcement actions and levied just $6.5 million in fines against the Big Four accounting firms in its 16-year existence, according to a study published on Thursday......»»

Category: topSource: reutersSep 5th, 2019

YouTube Fined $170 Million for Collecting Kids’ Data Without Parental Consent

It's the largest fine that the Federal Trade Commission has leveled against Goo.....»»

Category: topSource: timeSep 4th, 2019

Google Fined $170M By FTC Over Accusations Of Child Privacy Violations By YouTube

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) has been slapped with a $170-million fine for illegally collecting the personal information of kids without parental consent, the Federal Trade Commission said in a read more.....»»

Category: blogSource: benzingaSep 4th, 2019

SEC fines Juniper Networks more than $11.7 million to settle internal control violations

The U.S. Securities and Exchange Commission said on Thursday that it had fined and settled with California-based Juniper Networks, Inc. more than $11.7 mln to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA)......»»

Category: topSource: reutersAug 29th, 2019

Dollar stores fined for expired products

Dollar-store chains will have to pay $1.2 million after an undercover state attorney general’s office investigation found the company’s stores sold expired products, obsolete motor oil and failed to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 29th, 2019

SEC fines audit firm RSM $950,000 to settle independence violation claim

The U.S. Securities and Exchange Commission (SEC) said on Tuesday that it fined public accounting firm RSM US LLP $950,000 to settle claims it violated the agency's auditor independence rules......»»

Category: topSource: reutersAug 27th, 2019

Opioids stole approximately 250,000 years of life expectancy in Oklahoma

A judge fined Johnson & Johnson $572 million for its role in the state’s opioid epidemic......»»

Category: topSource: marketwatchAug 27th, 2019

British judge orders confiscation of $1 million in cryptocurrencies from jailed hacker

A London judge ordered on Friday the confiscation of bitcoin and other digital currencies worth nearly $1 million from a prolific computer hacker, in the first case of its kind for Britain's biggest police force......»»

Category: topSource: reutersAug 23rd, 2019

A Big Four Audit Firm Lost $1 Million In Bitcoin. Victims Are Losing Patience

QuadrigaCX creditors are losing patience with their court-appointed law firm, demanding answers about the effort to recover their funds......»»

Category: forexSource: coindeskAug 16th, 2019

Why Domino"s is stockpiling pizza ingredients

Pizza chain Domino's has spent £7 million ($8.5 million) to stockpile imported ingredients that might not be available if Britain crashes out of the European Union......»»

Category: topSource: moneycentralAug 6th, 2019