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In addition, the SEC’s purchase finds that specific KPMG audit specialists manipulated an inner server hosting training exams to lower the rating essential for passing.

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“This settlement displays the need to severely punish this type of wrongdoing though setting up actions intended to avert its recurrence.”

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  “The resolution the Enforcement Division has achieved retains KPMG accountable for its past failures and presents for continuing, heightened oversight to guard our marketplaces and our buyers.”

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 The SEC’s get also finds that a lot of KPMG audit gurus cheated on inside teaching exams by improperly sharing solutions and manipulating check outcomes. 

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