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View Full Version : Olympus Clears KPMG in Fraud, Faults Internal Auditors - BusinessWeek



FraudNews
01-17-2012, 03:22 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFHshkhcfmWEJ6yq7YDMf EYT05EMAamp;url=http://www.theglobeandmail.com/report-on-business/international-news/panel-clears-auditing-firms-of-blame-in-olympus-scandal/article2304684/?utm_medium%3DFeeds%253A%2520RSS%252FAtom%26utm_so urce%3DHome%26utm_content%3D2304684img src=//nt1.ggpht.com/news/tbn/wWhd2IpojcibkM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2Globe and Mail/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFa-1di_xkT2s6wCPNg66ERK8vJaAamp;url=http://www.businessweek.com/news/2012-01-16/olympus-clears-kpmg-in-fraud-faults-internal-auditors.htmlbOlympus Clears KPMG in bFraud/b, Faults Internal Auditors/b/abr /font size=-1bfont color=#6f6f6fBusinessWeek/font/b/fontbr /font size=-117 (Bloomberg) -- Olympus Corp., the Japanese camera maker that hid $1.7 billion in losses, faulted five internal auditors for the bfraud/b and said KPMG Azsa LLC and Ernst amp; Young ShinNihon LLC weren#39;t responsible. An investigation panel the company set b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH3y1Ep9CY6jygCDOkImA 4d_U_Rtwamp;url=http://www.lse.co.uk/FinanceNews.asp?ArticleCode%3D4f0x6sd6gkyyehs%26Ar ticleHeadline%3DUPDATE_3Olympus_panel_clears_audit ing_firms_of_blame_in_scandalOlympus panel clears auditing firms of blame in scandal/afont size=-1 color=#6f6f6fnobrLondon South East/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF7j6dj48hKu0XMFC1sVZ r_i6jsBwamp;url=http://uk.reuters.com/article/2012/01/16/oukin-uk-olympus-nikkei-idUKTRE80F1G520120116Olympus auditors blamed for $108.2 million losses - report/afont size=-1 color=#6f6f6fnobrReuters UK/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d3oPiYcKmGzrl_MMjbU9 6oMqDTkeMnobrball 90 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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