Friday Footnotes: Big 4 Nixes Legal Practices; EY Looks the Other Way; Auditors Get Lectured Again | 10.14.22
Going Concern
OCTOBER 14, 2022
Whistleblowers have accused EY of whitewashing suspicions of money laundering and tax evasion in an investigation it conducted this year for longstanding client Leonteq. A longer, meatier report from auditors was introduced over the past decade in both the US and Europe. The Auditor’s Responsibility for Fraud Detection [ SEC ].
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