Deloitte China allowed clients to do own audit work, finds SEC

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Audit practice in Dire Straights. SEC has fined Deloitte for making a mockery of auditing. Shareholders like FCSS JCGI and TEMIT must be thinking about legal action. Class actions are new in China but that may be the way to go. Who audits the auditors? Money for nothing.

What a lovely news for Trump clan : now they have interest in replacing Mazars with Deloitte

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Another 300 mortgage deals pulled of market and 40% of deals have disappeared since mini-budgetAnother 300 mortgage deals have been pulled from the market as 40% of deals have disappeared since the mini-budget last Friday. Well this is going well isn't it we must have an election now
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Deloitte China allowed clients to do own audit work, finds SEC\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT. What a lovely news for Trump clan : now they have interest in replacing Mazars with Deloitte Audit practice in Dire Straights. SEC has fined Deloitte for making a mockery of auditing. Shareholders like FCSS JCGI and TEMIT must be thinking about legal action. Class actions are new in China but that may be the way to go. Who audits the auditors? Money for nothing.
Source: FT - 🏆 113. / 51 Read more »