Question: Refer to the Auditing in Practice feature KPMG and General

Refer to the Auditing in Practice feature, "KPMG and General Electric Company: A Relationship that has Lasted over 100 Years." What are the key arguments put forth by the United Brotherhood of Carpenters Pension Fund (the Fund) supporting audit firm rotation for General Electric? General Electric and KPMG essentially ignored the request by the Fund, and KPMG continues to provide audit services to the company. Do you agree with the Fund, or with General Electric and KPMG? Explain your rationale.

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  • CreatedSeptember 22, 2014
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