Canon 1 of the Code of Judicial Conduct provides: An independent and honorable judiciary is indispensable to justice in our society. A judge should participate in establishing, maintaining, and enforcing high standards of conduct, and shall personally observe those standards so that the integrity and independence of the judiciary will be preserved. It was a […]
Singing River Health Systems filed suit against their former auditors, KPMG, on January 16 of this year. Nearly six months later, the case has stalled. KPMG filed a motion to dismiss on March 6. Since then SRHS, through counsel Susman Godfrey, has filed four motions for time, extending the deadline for response until July 31.
In 2013, after KPMG had conducted some preliminary field work for that year’s audit (costing Singing River $50,000), Singing River decided, as a cost-saving measure, to hire Horne LLP (“Horne”) to conduct its fiscal year 2013 audit instead. Horne’s field work in preparation for its audit of Singing River’s financial statements revealed that KPMG’s prior