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	<title>Comments on: KPMG at Center of Siemens Storm</title>
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	<link>http://retheauditors.com/2007/01/15/kpmg-at-center-of-siemens-storm/</link>
	<description>The Business of the Big 4 Audit Firms</description>
	<lastBuildDate>Mon, 21 May 2012 14:10:34 +0000</lastBuildDate>
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		<title>By: re: The Auditors &#187; Blog Archive &#187; Top Ten Things Lawyers Should Know About Auditors</title>
		<link>http://retheauditors.com/2007/01/15/kpmg-at-center-of-siemens-storm/comment-page-1/#comment-130371</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; Top Ten Things Lawyers Should Know About Auditors</dc:creator>
		<pubDate>Fri, 17 Sep 2010 22:23:13 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=224#comment-130371</guid>
		<description>[...] 8. Big 4 firms should NEVER be asked to conduct internal investigations into alleged illegal activities for their audit clients. But companies continue to pull them into messy situations. A whistle-blower, allegations of illegalities or improprieties, concern about corruption in a business unit… An auditor may be part of the problem. That means embarrassing and costly lack of independence. (Read, &#8220;E&amp;Y at Lehman” or “KPMG at Siemens&#8221;). [...]</description>
		<content:encoded><![CDATA[<p>[...] 8. Big 4 firms should NEVER be asked to conduct internal investigations into alleged illegal activities for their audit clients. But companies continue to pull them into messy situations. A whistle-blower, allegations of illegalities or improprieties, concern about corruption in a business unit… An auditor may be part of the problem. That means embarrassing and costly lack of independence. (Read, &#8220;E&amp;Y at Lehman” or “KPMG at Siemens&#8221;). [...]</p>
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		<title>By: re: The Auditors &#187; Blog Archive &#187; KPMG - What Did They Know About Siemens?</title>
		<link>http://retheauditors.com/2007/01/15/kpmg-at-center-of-siemens-storm/comment-page-1/#comment-6995</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; KPMG - What Did They Know About Siemens?</dc:creator>
		<pubDate>Mon, 06 Jul 2009 23:18:55 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=224#comment-6995</guid>
		<description>[...] I called this one more than a month ago! Glad to see the Wall Slow Journal is finally catching up&#8230;Would the WSJ have sat on the story so KPMG could enjoy, for a little while longer, the &#8220;oral pleasure&#8221; they received the week before? [...]</description>
		<content:encoded><![CDATA[<p>[...] I called this one more than a month ago! Glad to see the Wall Slow Journal is finally catching up&#8230;Would the WSJ have sat on the story so KPMG could enjoy, for a little while longer, the &#8220;oral pleasure&#8221; they received the week before? [...]</p>
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	<item>
		<title>By: re: The Auditors &#187; Blog Archive &#187; Home Depot Resignations - An Options Connection?</title>
		<link>http://retheauditors.com/2007/01/15/kpmg-at-center-of-siemens-storm/comment-page-1/#comment-6965</link>
		<dc:creator>re: The Auditors &#187; Blog Archive &#187; Home Depot Resignations - An Options Connection?</dc:creator>
		<pubDate>Mon, 06 Jul 2009 03:53:59 +0000</pubDate>
		<guid isPermaLink="false">http://76.12.174.187/?p=224#comment-6965</guid>
		<description>[...] million. Did long time auditor, KPMG, help outside counsel Hogan and Hartson in its investigations, like they initially did in the Siemen&#8217;s bribery case? KPMG and Hogan and Hartson seem to have a good relationship with each [...]</description>
		<content:encoded><![CDATA[<p>[...] million. Did long time auditor, KPMG, help outside counsel Hogan and Hartson in its investigations, like they initially did in the Siemen&#8217;s bribery case? KPMG and Hogan and Hartson seem to have a good relationship with each [...]</p>
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