In another case of alleged rigging of audit inspections, the Public Company Accounting Oversight Board has banned two former chief executives at Deloitte’s Turkey practice for their roles in a plan to alter documents ahead of a 2014 inspection of three audit engagements.
The accounting watchdog said the former senior partners—Hüseyin Gürer and Gökhan Alpman—were aware of the plan to alter archived working papers but raised no objections to it. Alpman was the lead partner on two of the three engagements while Gürer was ultimately responsible for Deloitte’s system of quality control.
The PCAOB announced Thursday it had fined Gürer $25,000 and banned him and Alpman from associating with a board-registered accounting firm. It also banned a third senior partner, Ömer Tanriöver, for failing to cooperate with its investigation.