Auditors are being blamed too much when a company collapses rather than actions ...
LONDON - Auditors are being blamed too much when a company collapses rather than actions taken by company directors, the head of an inquiry into Britain’s audit sector said on Friday.
Britain’s accounting regulator this week began investigating EY’s audit of travel company Thomas Cook, which collapsed last month. Brydon will make recommendations by the end of the year on what can be done about the gap between what investors want from an audit and what accountants can deliver.
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