Time to focus on middle market segment.
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When was the last time these auditing firms caught any major fraud? They are auditing their customers. It's all about billable hours and consulting services.
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You know what organization doesn't completely screw up multi-million dollar deals???
#bitcoin#cryptocurrency - 1 more reply
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The most respected audit firms send only very junior auditors to do the work while senior partners wine and dine prospects and clients.
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Ouch
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Well if a well established an astute auditing firm like PwH can cause this serious mistakes then what will be the faith of "mushroom auditing firms" and which one should we rely on as credible ?
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This shud have been done many years before.this wud have deterred other reputed audit firms from compromising their audit standards in India.much water has already flown under.
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