Lebanon Businessnews News

Three firms hired
to audit Central Bank
Specialized in forensics

accounting, regulatory issues

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The government has hired three firms to audit the accounts of the Central Bank. The firms are KPMG, Kroll, and Oliver Wyman.

KPMG is an international multinational professional services network, and one of the ‘Big Four’ accounting organizations. Based in Amstelveen, the Netherlands, KPMG is a network of firms in 147 countries, with over 219,000 employees and has three lines of services: financial audit, tax, and advisory.

Kroll is a corporate investigations and risk consulting firm based in New York City. It was established in 1972. It is owned by Duff & Phelps Corp., an international financial consultancy company, which itself was acquired this year by Stone Point Capital and Further Global. The company focuses on helping clients improve operations by uncovering kickbacks, fraud, or other forms of corruption. Kroll's London office serves as headquarters for the Europe, Middle East & Africa region (EMEA). Their office in Dubai provides risk consultancy services to the Gulf area.

Oliver Wyman is a US-based global management consulting firm. Founded in New York City in 1984, the firm currently has more than 60 offices in Europe, North America, the Middle East, and Asia-Pacific. It employs over 5,000 professionals.

Date Posted: Apr 24, 2020
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