Honestly Adrienne bailed out after watching only a minute and I tapped out after watching about three minutes of this KPMG Denmark video. So if you made it through the entire six minutes, congrats! You have more mental fortitude than we do.
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Silvercorp Metals CEO Reminds Everyone That They’re a ‘Real Company’
- Caleb Newquist
- September 26, 2011
As we’ve discussed, Silvercorp Metals hasn’t appreciated the anonymous letters floating around the Series of Tubes accusing the Canadian miner of accounting fraud and has stated that, save their assets in China, “this wouldn’t be happening.” What the company would really like is for these jerks to show themselves and cooperate with investigators. But until that happens, Silvercorp hired KPMG to poke around to calm all the fears out there. According to reports, the House of Klynveld will have a report out soon but in the meantime, Silvercorp CEO Feng Rui will address everyone who thinks that his company is just a bunch of Tonka trucks in a sandbox:
“We’re a real company and will fight against shorters and distorters,” Feng Rui, Silvercorp chief executive officer, said today at a meeting in Beijing.
Furthermore, the auditors in this matter, Ernst & Young, have carried out their duties to a T and if you think some bullshit letters are going to cause them (or Feng & Co.) to do things differently, you’d be wrong:
“Our auditing doesn’t have anything wrong, the allegations are fabrication,” Feng said today in an interview on the sidelines of the meeting.[…] “The allegations won’t prompt us to make any changes in the process of financial reporting and auditing,” he said
Frankly, it’s embarrassing that they even have to address this but you’ve given them no choice.
Silvercorp Says KPMG to Issue Fraud Allegation Report ‘Soon’ [Bloomberg]
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KPMG Wants to Help College Students Find Jobs (Presumably, Even the English Majors)
- Caleb Newquist
- August 10, 2011
KPMG LLP, the U.S. audit, tax and advisory firm, announced today the release of the KPMG GO app for iPhone® and iPad®, designed to provide tips and information to help college students in every major launch their job search in today’s competitive employment environment.
Available for download in the Apple iTunes Store, KPMG’s new application delivers fresh videos, articles, blog posts, Q&As, and branding tips from its partners as well as its professionals in HR and campus recruiting. “Today’s students face a very competitive market and need every advantage to make a good impression and secure that first job,” said Blane Ruschak, KPMG’s executive director of university relations and recruiting. “We are excited to offer a resource that provides helpful and practical advice to young adults entering the job market.” [KPMG]
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(UPDATE) KPMG Has Been Without Email Most of the Day; Yes, Some People Are Freaking Out
- Caleb Newquist
- April 18, 2013
We've confirmed with a number of people at KPMG that the firm's email service has […]