Reforming audit and governance – do the government’s plans go far enough? • High Pay Centre
https://highpaycentre.org/reforming-audit-and-governance-do-the-governments-plans-go-far-enough/
EY chairman admits ‘regret’ over Wirecard failures in letter to clients
Is lax oversight a feature or a bug in the global audit industry? It seems every time a major fraud is uncovered the leadership breaks out the standard playbook: 1) We were fooled as well, 2) It’s not our job to uncover fraud and 3) we promise to do better. Though massive fraud garners the …
Wirecard fights for survival as it admits scale of fraud
Once again failed by auditors and rating agencies (investment grade until last week). Wirecard fights for survival as it admits scale of fraud – https://on.ft.com/311vflw via @FT
Time for the Big Four to rethink auditing’s purpose
Time for the Big Four to rethink auditing’s purpose – https://on.ft.com/2N7MVEm via @FT