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WageWorks Audit Committee Ends Engagement of KPMG as Auditor

Nov. 6, 2018, 10:38 PM

WageWorks has decided to terminate KPMG LLP’s audit services, the decision driven by “a desire to accelerate the audit process,” the company said in a filing.

The filing said the audit committee finished its investigation of the company’s internal control over financial reporting for fiscal 2016 and 2017, and determined in June that no illegal acts occurred.

The filing said the investigation by a special committee of independent directors, recommended by KPMG, is ongoing. The company said it may take other actions based, at least in part, on information from the investigation, and it may ultimately result in the identification ...