Monday, December 25, 2017

Bad eggs were plentiful in 2017, but there were promising straws in the wind as well

Its belated decision to clear KPMG of any wrongdoing over its audit of HBOS a decade ago looked terrible. KPMG gave the bank a clean bill of health only for it to go bust seven months later. The FRC, whose senior ranks are stuffed with Big Four accountants, looked far from impartial. Its willingness to ...
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