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<title>electronista | kpmg News</title>
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<description>electronista is the leading source for electronic news. It offers news, reviews, discussion, tips, troubleshooting, links, and reviews every day. The best place for gadgets News. Period.</description>
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<title>kpmg, Latest News, Headlines, Stories;</title>
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<title>Second HP shareholder lawsuit targets major audit firms</title>
<link>http://www.electronista.com/articles/12/11/28/deloitte.kpmg.charged.with.missing.obvious.signs/</link>
<description>&#60;img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1354153395_ScreenShot2012-11-28at7.42.40PM.jpg' border='0' width='176' height='120' /><![CDATA[The saga surrounding HP's multi-billion dollar Autonomy write-down took new turns and added new players today, with the announcement of a second shareholder lawsuit over the faltering computer giant's acquisition of the British software firm. The new suit names not only HP's board of directors, officers, and former executives, but also Deloitte and KPMG, two of the Big Four audit firms, as defenda...]]></description>
<guid>http://www.electronista.com/articles/12/11/28/deloitte.kpmg.charged.with.missing.obvious.signs/</guid>
<pubDate>Thu, 29 Nov 2012 01:41:00 GMT</pubDate>
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<title>Panel says Ernst &amp; Young didn't fuel Olympus scandal </title>
<link>http://www.electronista.com/articles/12/03/29/legally.absolved.but.told.should.be.more.vigilant/</link>
<description>&#60;img align='left' src='http://photos.macnn.com/news/1202/olympus-sm.jpg' border='0' width='176' height='120' /><![CDATA[An independent panel has determined that Ernst &amp; Young was not accountable for any misrepresentation or legal lapses in how the firm audited Olympus's books in the face of the digital imaging company's $1.7 billion financial scandal. The panel had been commissioned by the accounting firm in December to take an independent look at how the accounting firm oversaw Olympus's financial reporting practi...]]></description>
<guid>http://www.electronista.com/articles/12/03/29/legally.absolved.but.told.should.be.more.vigilant/</guid>
<pubDate>Thu, 29 Mar 2012 20:10:00 GMT</pubDate>
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<title>Olympus execs 'rotten to the core,' outsiders also blamed</title>
<link>http://www.electronista.com/articles/11/12/06/report.on.olympus.blames.outsiders.as.well/</link>
<description>&#60;img align='left' src='http://photos.macnn.com/news/1110/olympuswoodfordin.jpg' border='0' width='176' height='120' /><![CDATA[The full text of an independent report (PDF) finding that Olympus hid $1.7 billion dollars has blamed not just the company but outside auditors and banks.  While focused on VP Hisashi Mori and internal auditor Hideo Yamada, it also blamed external auditors Ernst &amp; Young ShinNihon and KPMG AZSA for seeing Olympus try to mask losses but doing nothing to stop it.  The root was still senior leadership...]]></description>
<guid>http://www.electronista.com/articles/11/12/06/report.on.olympus.blames.outsiders.as.well/</guid>
<pubDate>Tue, 06 Dec 2011 13:40:00 GMT</pubDate>
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<title>Olympus reportedly pulled auditor in secret after dispute </title>
<link>http://www.electronista.com/articles/11/11/04/revealed.by.former.ceo.in.confidential.letter/</link>
<description>&#60;img align='left' src='http://photos.macnn.com/news/1110/olympus.jpg' border='0' width='176' height='120' /><![CDATA[In 2009, Olympus announced that it had replaced its auditor, KPMG with another global acccounting firm, Ernst &amp; Young. Reuters  now reports that the camera and imaging equipment manufacturer failed to tell investors that the reason behind the firing was a disagreement over how to handle a questionable $687 million consulting fee for a $1.3 billion acquisition deal. Olympus recently fired its first...]]></description>
<guid>http://www.electronista.com/articles/11/11/04/revealed.by.former.ceo.in.confidential.letter/</guid>
<pubDate>Fri, 04 Nov 2011 19:55:00 GMT</pubDate>
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