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KPMG faulted for tax advisory role in WorldCom scandal

Accounting group KPMG was criticised yesterday for its role in the WorldCom accounting scandal in the latest report by court-appointed examiner Richard Thornburgh.

KPMG faulted for tax advisory role in WorldCom scandal

Tue, 27 Jan, 2004 - 11:45

Accounting group KPMG was criticised yesterday for its role in the WorldCom accounting scandal in the latest report by court-appointed examiner Richard Thornburgh.

Thornburgh said KPMG, WorldCom's current auditor, provided it with a flawed strategy for minimizing state taxes.

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Courts Business Heathrow Place: US Person: Richard Thornburgh Person: Thornburgh Person: George Ledwith Event: WorldCom scandal Event: WorldCom accounting scandal Organisation: KPMG Organisation: WorldCom Organisation: MCI

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