AuditorRecord

Public Company Accounting Oversight Board (PCAOB) ยท Indonesia

Imelda & Rekan (Deloitte Indonesia): fine by Public Company Accounting Oversight Board (PCAOB)

Audit or matter: None (firm conduct, training test answer sharing)

Decision date10 April 2024
SanctionFine
Amount as stated$1 million civil money penalty, with censure
StatusFinal
NetworkDeloitte

What the regulator found

The PCAOB found that from 2021 to 2023 more than 200 professionals at Deloitte Indonesia engaged in answer sharing on internal training tests and that the firm failed to detect and deter it despite warnings from Deloitte Global and regional leadership. The firm consented without admitting or denying the findings.1,2

Status: Final1,2

Sources

  1. Public Company Accounting Oversight Board, Order Instituting Disciplinary Proceedings, Making Findings, and Imposing Sanctions, In the Matter of Imelda & Rekan (PCAOB Release No. 105-2024-024) (10 April 2024)
  2. Public Company Accounting Oversight Board, PCAOB Imposes $2 Million in Fines on Deloitte Indonesia and Deloitte Philippines, Bars Firm Leader After Exam Cheating (10 April 2024)