Saturday, April 4, 2009

KPMG in trouble over $1bn suite

In one of my previous articles, I had written about the Big 4 audit firms. I had mentioned that KPMG comes to 17 and is the number of Saturn which does not give permanent success. We have a news that KPMG is in trouble because of $1bn suite over reckless audits. I had also written about PWC which is also 17. I feel in the coming years these two firms will collapse whereas the other two, Deloitte and E & Y will have permanent success as there numbers are very good.

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