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PCAOB imposes one-year revolving door ban after alleged KPMG leak

By Neil Haggerty ( January 24, 2018, 22:38 GMT | Insight) -- The Public Company Accounting Oversight Board, which regulates accounting firms that audit public companies, imposed a one-year ban on senior PCAOB staff seeking employment with the firms they inspect after discovering that three inspectors may have leaked plans to KPMG, a spokesperson told MLex on Wednesday. This change and others initiated by previous PCAOB Chairman James Doty last summer after the alleged leak are now under review by the current chief, William Duhnke, who took office earlier this month.The Public Company Accounting Oversight Board, which regulates accounting firms that audit public companies, imposed a one-year ban on senior PCAOB staff seeking employment with the firms they inspect after discovering that three inspectors may have leaked plans to KPMG, a spokesperson told MLex on Wednesday....

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