AFM asks other accountancy firms to check for cheating

Five other large accountancy firms in the Netherlands have launched investigations into possible cheating by staff during compulsory tests, the Financieele Dagblad reported on Tuesday. BDO, Mazars, PwC, Deloitte and EY all say they have started an internal probe following a request by the financial services regulator AFM, the FD and NRC reported. On Friday KPMG admitted that 500 of its staff in the Netherlands had cheated in the exams by sharing the answers to questions. The tests are designed to ensure accountants keep...