When accounting goes unaccounted for
So, some audit clients have allegedly told KPMG auditors not to come to their offices because of coronavirus concerns, according to a post on Fishbowl. We don’t know if these KPMG audit clients legitimately have COVID-19 concerns or, as one Fishbowl poster says, they just want the auditors off their backs for a bit.
Anyway, here’s the post:
Any other auditors being told to stay away because of coronavirus panic at the audit client? Have any of your clients made you take a survey? Let us know.
This groundbreaking idea brought to you by the AICPA Insights blog: According to a recent […]
The Going Concern tip box is a dumping ground for information of great consequence and […]
Why do we let corporations pick their auditors? Why do we have only four big firms instead of a dozen, a score or more? Why doesn’t government do the audits, as the IRS does tax audits? Why is law enforcement handcuffed by inadequate budgets and rules that hinder investigations? Why are auditors allowed to quietly resign instead of being required to blow the whistle? Auditing needs a shakeup, fundamental restructuring and the accounting firms need a serious debate about their failings, practical and moral. [DCJ/Reuters]