Thursday, November 30, 2017

Will HBOS mea culpa from the Financial Reporting Council see it getting tough with auditors?

It's approaching ten years since banking giant HBOS collapsed into the arms of Lloyds, and finally the accountancy watchdog has admitted it went wrong with its investigation of auditor KPMG. More or less. Under heavy fire for finding no fault with the audit of the bank just before it went pop - the ...
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