Netherlands arm of KPMG fined $25M for cheating in exams

Staff followed US lead and shared answers after move to online testing
KPMG Accountants NV, the Netherlands-based arm of the global professional services firm, has been fined $25 million (€23 million, £20 million) by America's Public Company Accounting Oversight Board (PCAOB) for failing to prevent its financial auditors from cheating on exams.…