Tuesday, January 30, 2018

Time to end the auditing merry-go-round

How did BT react when “improper practices” and “financial irregularities” were discovered in its Italian division last year? It did what you'd expect: it dumped its auditor, PwC, and hired a new outfit. But that new firm was KPMG, which was remarkable in its own way. KPMG was already under investigation ...
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