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US fines top Zim firms KPMG, Deloitte for improper audits

HARARE – The top US securities regulator on Tuesday charged local associates of two globally acclaimed audit firms, KPMG and Deloitte & Touche, for conducting audits without proper oversight from the Public Company Accounting Oversight Board (PCAOB) and using unregistered auditors. The Securities and Exchange Commission (SEC) said that the Zimbabwean units of KPMG and…

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