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4/25/2005
BearingPoint Under Fire from SEC For Poor Accounting Controls
A $92 million dollar accounting error will get you every time.

Via CFO.com:
SEC Investigating BearingPoint

Stephen Taub
April 22, 2005

The Securities and Exchange Commission has launched an informal investigation of BearingPoint, according to the company formerly known as KPMG Consulting.

The consultancy stated that the SEC staff had requested documents concerning internal control deficiencies identified on March 18, prior restatements, and other matters, and that it is cooperating in the inquiry.
Click here to read the rest.

-- MDT

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