December 15, 2018

FIFA

Swiss Regulator Investigating Whether KPMG’s Audit of FIFA Is Worth Investigating

Well, this is something? Switzerland's Federal Audit Oversight Authority ("FAOA") will be kicking the tires on KPMG's audit of corruption factory/sports organization FIFA. "The FAOA is monitoring developments related to FIFA, and has selected for evaluation aspects of KPMG's work in connection with the auditing of the financial statements of FIFA," the FAOA, which helps […]

Take It Easy, KPMG Didn’t Pass GAAS in Its Audit of FIFA

Everybody leave KPMG the fuck alone. Sure the Department of Justice busted FIFA for taking more than $150 million in bribes and kickbacks after KPMG gave them 16 consecutive years of unqualified opinions. But KPMG’s hands are clean. That’s my unqualified opinion.   It’s clear that FIFA was a shitty client full of shitty people. […]

Lawyer: KPMG Not Much of a Keeper in FIFA Scandal

Francine McKenna gets in on KPMG’s flop as FIFA auditor today, and Jerry Silk, a lawyer who has represented investors in lawsuits against Big 4 firms, suggests that the firm may have been ball watching:  “With all the prior allegations of corruption and bribery leveled against FIFA and some of its member associations over the […]

Did KPMG Flop as FIFA’s Auditor?

The FIFA scandal is increasingly ridiculous as was so deftly shown by John Oliver last night. But now a Big 4 firm appears to be caught in the tentacles of it, which further demonstrates its depth and reach. A tipster dropped us a link to very interesting post from Matt Scott, a journalist who has […]