Tuesday, March 13, 2018

Serious Accounting Problems Found In 40 Percent Of Audits, Watchdog Says

In the U.K., auditing giant KPMG faced backlash for its failure to spot financial troubles at HBOS ahead of its collapse during the financial crisis. The auditor has also faced criticism over its work with Carillion, as well as for failing to spot fake accounts opened by Wells Fargo employees. In response to the ...
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