Accounting Firm KPMG – example of Ethic Violation Issues 1.

 Accounting Firm KPMG – example of Ethic Violation Issues
1.  AICPA Code of Professional Conduct

Go to the AICPA.org Website, locate the AICPA Code of Professional Conduct, and read the following sections:

  • ET Section 101 – Independence
  • .01 Rule 101 – Independence
  • .02 101-1 – Interpretation of Rule 101

https://www.aicpa.org/research/standards/codeofconduct.html

2. Case study: KPMG, LLP

Research KPMG Ethics Violations. An example you might use:

https://www.sec.gov/news/press-release/2019-95

 Also search for ethics news  relating to other major accounting firms  (PwC, Ernst & Young, Deloitte). What do you learn from your search?