ICAEW on 16th October reported that Jeffrey Wada has been sentenced to 9 months in prison for giving advance notice of surprise inspections to Big Four firm, KPMG. In September, David Middendorf, former managing partner of KPMG’s Department of Professional Practice, was also sentenced to 1 year in prison. 2 others in the case pleaded guilty previously, and the trial of a further suspect in expected to start later this month.
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