Three former partners at KPMG agreed on 18 May to temporary suspensions from public accounting roles over cheating on training exams, the Securities and Exchange Commission said.
The settlement is the latest fallout from an earlier SEC ethics probe that resulted in KPMG paying a $50m civil penalty to resolve. The case involved senior KPMG employees who were accused of using confidential regulatory information to better prepare for oversight examinations and other auditors who allegedly cheated to pass continuing-education tests, the SEC announced in June 2019.