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Financial Audit

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  • KPMG: Hope US-China audit dispute gets resolved   Thursday, 8 May 2014 | 7:49 PM ET
    KPMG: Hope US-China audit dispute gets resolved

    John Veihmeyer, Global Chairman at KPMG, says the company is caught in the middle of the U.S. ruling that bans Chinese arms of the Big Four auditing firms from working on U.S.-listed firms.

  • KPMG: US tax code is a multi-faceted issue   Thursday, 8 May 2014 | 7:45 PM ET
    KPMG: US tax code is a multi-faceted issue

    John Veihmeyer, Global Chairman at KPMG, discusses whether tax incentives offered by countries to lure multinationals are appropriate.

  • IRS targets wealthy tax cheats   Tuesday, 15 Apr 2014 | 10:13 AM ET
    IRS targets wealthy tax cheats

    The IRS is doing less audits than it used to, but if you're wealthy your chances of being audited have more than doubled over the past 5 years, reports CNBC's Robert Frank.

  • Your odds of an IRS audit   Tuesday, 15 Apr 2014 | 7:17 AM ET
    Your odds of an IRS audit

    CNBC's Robert Frank and CNBC contributor Ben White take a look at what's likely to trigger an audit by the tax man.

  • Tax don'ts & IRS red flags   Friday, 7 Mar 2014 | 9:00 AM ET
    Tax don'ts & IRS red flags

    CNBC consumer reporter Kelli Grant discusses IRS red flags that can lead to an audit.

  • Herbalife: Relieved financials are back   Tuesday, 17 Dec 2013 | 10:21 AM ET
    Herbalife: Relieved financials are back

    CNBC's Scott Wapner reports on Herbalife in the wake of its financial audit. CNBC's David Faber provides perspective.

  • KPMG on how to do business right in China   Tuesday, 10 Sep 2013 | 7:42 PM ET
    How to do business right in China

    Michael Andrew, Chairman at KPMG, discusses the issues that businesses face relating to regulatory issues in China.

  • London: I Regret Everything, Take Full Responsibility

    Former KPMG auditor Scott London says he made about $70,000 in the insider trading scheme, and plans to plead guilty to securities fraud, reports CNBC's Jane Wells.

  • Scott London Speaks Out   Tuesday, 18 Jun 2013 | 1:24 PM ET
    Scott London Speaks Out

    Former KPMG auditor Scott London plans to plead guilty to securities fraud, reports CNBC's Jane Wells.

  • FHA's Worst-Case Losses May Actually Be Worse Wednesday, 5 Jun 2013 | 9:30 AM ET
    Representative Darrell Issa

    The FHA may have tried to hide the magnitude of potential losses in an future economic emergency, lawmakers say.

  • Regulating Financial Systems   Wednesday, 24 Apr 2013 | 6:35 PM ET
    Regulating Financial Systems

    Greg Medcraft, Chairman of the International Organization of Securities Commissions, explains why the issue for financial systems is not about more regulation, but about appropriate regulation.

  • Ex-KPMG Auditor Scott London Charged With Insider Trading

    The former KPMG auditor will be charged for sharing inside information with his golfing buddy, reports CNBC's Jane Wells. London will plead guilty and could face up to five years in prison, all for $50,000 or less.

  • Criminal Charges Expected Against Ex-KPMG Partner: Source

    CNBC's Jane Wells reports the latest details on alleged insider trading charges against former KPMG employee Scott London

  • Former KPMG Partner Apologizes   Wednesday, 10 Apr 2013 | 9:19 AM ET
    Former KPMG Partner Apologizes

    The "Squawk on the Street" crew discusses the resignation of a KPMG auditor for his role in leaking non-public data.

  • Feds Investigating KPMG Insider Trading Claims   Tuesday, 9 Apr 2013 | 4:35 PM ET
    Feds Investigating KPMG Insider Trading Claims

    A top auditor for Herbalife and Skechers is under investigation for leaking non-public client information to a third party, reports CNBC's Kayla Tausche. CNBC's Herb Greenberg and Harvey Pitt, Former SEC Chairman, discuss.

  • Skechers CFO: Would Have Never Suspected   Tuesday, 9 Apr 2013 | 3:32 PM ET
    Skechers CFO: Would Have Never Suspected This

    CNBC's Kayla Tausche spoke with Skechers CFO Dave Weinberg, who said it had been disclosed that a senior audit partner had admitted to selling the company's nonpublic information. The auditor, Scott London, is cooperating with the Feds and no one else is under questioning.

  • Scott London Was Herbalife Auditor: Source   Tuesday, 9 Apr 2013 | 2:25 PM ET
    Scott London Was Herbalife Auditor: Source

    According to a source, ousted KPMG partner Scott London was the auditor for Herbalife, reports CNBC's Kayla Tausche.

  • KPMG Insider Trading   Tuesday, 9 Apr 2013 | 2:04 PM ET
    KPMG Insider Trading

    KPMG first learned last Friday that a senior partner in the firm's audit practice had leaked confidential information to a third party concerning Herbalife and Skechers, reports CNBC's Kayla Tausche. CNBC's Herb Greenberg, provides perspective.

  • Herbalife Shares Reopen For Trading   Tuesday, 9 Apr 2013 | 11:32 AM ET
    Herbalife Shares Reopen For Trading

    CNBC's Brian Shactman and Herb Greenberg report on the underlying issues surrounding KPMG as Herbalife stock begins trading again.

  • What Herbalife Halt Means for Ackman & KPMG   Tuesday, 9 Apr 2013 | 11:03 AM ET
    What Herbalife Halt Means For  Ackman & KPMG

    CNBC's Kate Kelly takes a look at how Ackman's Pershing Square holdings are performing so far this quarter. And CNBC's David Faber reports on alleged insider trading by one of KPMG's former partners, with the "Squawk on the Street" news team.