Management changes at Endocare as auditor is fired
This article was originally published in Clinica
Executive Summary
Endocare has fired its auditor, KPMG, following the completion of an independent review of its accounts and accounting practices. The Irvine, California-based urological cryosurgery firm refutes KPMG's claim that it could not rely on the representations of senior management. However, it has now reorganised executive functions and brought in a new chief financial officer.