Audit Firms Face the Music for Reporting Lapses
The Public Company Accounting Oversight Board (PCAOB) delivered a sharp reprimand to five international audit firms that repeatedly failed to meet basic reporting requirements. Bush & Associates, Barton CPA, Crowe Hussain Chaudhury, KPMG India, and RSM Brasil were not just fined—they were publicly called out for undermining the fundamental transparency that investors rely on.