Friday, June 17, 2005

KPMG offers apology over illegal tax

KPMG LLP, one of the Big Four accounting firms, apologized yesterday for helping to set up illegal tax shelters, a move that could help it avoid a criminal indictment like the one that destroyed Arthur Andersen three years ago.
Apart from KPMG, federal authorities are also investigating Ernst & Young. An Ernst & Young spokesman declined to comment on the status of the probe.

You too KPMG!

Here is the report

1 comment:

Cogito said...

What is "you too" ? ...

Btw, I have tagged you . visit my blog and do the honors


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