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Abacus/Abacunts


spygirl

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Been rumbling on for a few years.

How shit the auditing procession at doing whats meant to be its job - working out if a company is solvent and has the assets it claims to have.

See:

- Wirecard

https://www.accountancycareers.co.uk/2020/06/the-wirecard-scandal-explained/

- BHS

https://www.accountancyage.com/2018/06/13/pwc-fined-a-record-10m-over-bhs-audit-while-senior-partner-faces-15-year-ban/

- Patisseire Veleria

https://www.theguardian.com/business/2019/jul/10/watchdog-finds-work-of-patisserie-valerie-auditor-unacceptable

-Carillion

https://www.newcivilengineer.com/latest/carillion-auditor-kpmg-faces-250m-negligence-lawsuit-15-05-2020/

- Interserve

https://www.cityam.com/accountancy-firm-grant-thornton-and-one-of-its-partners-hit-with-fines-for-audit-failures/

 

Even something clicked at the BBC

BHS collapse: 'I was in charge of millions, then I had nothing'

https://www.bbc.co.uk/news/business-54056046

Which they mnage to fuck up and turn it into a poor me story about an asian woman.

 

 

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