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On a different note from the usual sad stories on here.
In the WSJ today, KPMG fires 6 partners who got advance notice of inspection of their work from a former PCAOB employee who worked at the firm, before being fired too.
Said they had the most deficient audits of all the big 4…study up kids…as you junior accountants are the one doing the grunt work. It’s not about passing the CPA exam, but at least knowing what you don’t know and where to find it. A skill the CPA exam is now testing..
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