Investors have filed a lawsuit against an accounting firm alleging it helped a client maintain a Ponzi scheme involving cash advances that led to the loss of millions of dollars.
Day: March 4, 2024
Pinion launches global network
The Top 100 Firm also announced the first three member firms of the network, which will focus on food and agriculture clients.
M&A Watch: Jackson Thornton, HHM expand
Jackson Thornton acquired MST CPAs & Advisors; and HHM CPAs merged in Bizzell, Neff & Galloway.
ADM delays annual report, warns on internal controls
The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.
KPMG fined £1.5M over Saatchi audit failings
KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.