A new audit by Canada’s Auditor General Karen Hogan finds Immigration has no effective system to track foreign students once their visas expire. The report points to weak enforcement, lack of action on thousands of high-risk cases, and documented fraud, raising questions about how well the student program is protected even as some overstayers later tried to remain legally.
KPMG says it will cut about 10% of its US audit partners, impacting over 100 people, after a multi-year push to encourage early retirements saw weak uptake. The firm insists the decision is not tied to performance reviews and says layoffs aim to align partner numbers with the current size of its audit business. Packages and job-search support will be offered.
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KPMG is set to cut roughly 10% of its U.S. audit partners, a rare move in the consulting world. The restructure, driven by CEO Tim Walsh, follows the company’s voluntary retirement scheme falling short. With pressure building on the audit division, the firm is taking a direct staffing approach rather than relying on attrition to reset costs.
A transaction audit into Noida-based Logix Infratech has raised alarms over “shady deals” tied to its Logix Blossom Zest project in Sector 143. The housing complex has 3,400 flats across 14 towers, but nine towers remain incomplete. Nearly 1,400 homebuyers are still waiting for possession more than a decade after bookings began.
A Canadian Auditor General audit reports that more than 150,000 international students were flagged for possible study permit rule breaches, but only a fraction were investigated. Even more troubling, around 800 cases of fraudulent documents and misrepresentation from 2018 to 2023 reportedly received no departmental action, later enabling some applicants to pursue other immigration routes. The findings raise concerns about integrity and accountability.
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