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Your Daily Accounting Briefing – 2024-04-13

1 min read
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Let’s see what’s in the news today.

Accounting giant KPMG fined £20m after staff cheat in exams

KPMG’s Dutch division was fined £20m after hundreds of its staff were found to have shared answers in training courses.

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Accounting giant KPMG fined £20m after senior partners and managers cheat in exams

KPMG’s Dutch division was fined £20m after hundreds of its staff were found to have shared answers in training courses.

Read the original article here

TRANSPARENTLY.AI LAUNCHES WEB-FRIENDLY VERSION OF SOFTWARE TO DETECT ACCOUNTING FRAUD

Transparently.AI, which makes artificial intelligence software that detects accounting fraud, has unveiled a web-friendly version of its product, in a bid to make the tool more accessible in the global battle against financial crime. Read the original article here

Accounting firm and second company ordered to pay $26m over confidential information

A Victorian accounting firm and a related company have been ordered to pay more than $26 million to two former clients after using confidential information to take advantage of a business opportunity.

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Accounting firm ordered to pay $26 million after ‘betrayal’ of client

The Supreme Court found that the Victorian firm used confidential information to take advantage of a business opportunity.

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