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KPMG suspended in Oman as woes spread from UK to South Africa

KPMG has been suspended from taking on new audit work in Oman, adding to the list of countries where the accounting firm is facing scrutiny. Oman’s Capital Market Authority found “major financial and accounting irregularities” at some listed companies in the country and that “professional negligence” by some audit firms…

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Click here to read the full story: Gulf Times

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