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Richard Stallman's Political Notes

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Corruption of the PCAOB

lundi 10 février 2020 à 01:00

The US Public Company Accounting Oversight Board is supposed to verify the honesty of the audits that big accounting companies do on publicly-traded corporations. One accounting company, KPMG, corrupted the PCAOB through the "revolving door", even hiring away its employees and telling one of them to regard his new salary as a bribe for telling KPMG which of its audits would be investigated.