General Electric Co. is considering replacing KPMG LLP as its auditor, possibly ending a century-long relationship that has come under scrutiny following multiple government investigations into GE’s accounting.
The audit committee of GE’s (NYSE: GE) board of directors will solicit bids for an independent auditor, the Boston-based company said in a statement Dec. 14. KPMG will remain its auditor through at least 2019, however. GE said that no new auditor will be appointed until the company has…
Houston Biz Journal
GE says it may replace KPMG as auditor