Winning Auditor Malpractice Cases
FraudFiles
SEPTEMBER 20, 2021
Winning a case against an auditing firm when there is a sizeable fraud ( such as the Koss Corp. embezzlement ) or the collapse of a Ponzi scheme (such as the Bernie Madoff case) is not easy. Simply because there is a fraud, a business failure, or a pyramid scheme collapse, the auditors are not necessarily at fault. The auditors may have carried out their professional responsibilities exactly as they should have, but they still did not uncover the fraud.
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