Forensic accounting is very interesting to me. I recently heard about a scandal that involved FIFA, the international governing body of football, and it's auditor, KPMG. FIFA had been accused of setting up bribes and kickbacks. It is suspected that this has been going on for years since FIFA has had a reputation of not being transparent with its financials. Information regarding the amount of dirty money that was involved reached a set number at about $150 million.
KPMG has been auditing for FIFA since 1999, along with many other organizations directly involved with FIFA. The public has raised many suspicions about KPMG since they state that they have not seen any type of mischief on FIFA's financials. How has so much suspicious information gotten revealed and even a set number of money being put out but no faultiness in their documents? It seems way too much of a convenience for all of these things to happen and KPMG not knowing what is going on. Is KPMG getting a cut from this dirty money to hide the tracks left behind by FIFA? This is still an ongoing uncertainty and since then, KPMG has decided to part ways with its client.
