Bermuda’s Minister of Finance retained KPMG to “audit” the business

Bermuda’s Minister of Finance retained KPMG to “audit” the business affairs of IPOC to determine whether the company was a criminal enterprise or a legitimate business operation. What type of professional service was KPMG providing during this engagement? Did the engagement qualify as an assurance, attestation, audit, or consulting engagement? Defend your answer.

Leave a Comment

Your email address will not be published. Required fields are marked *