1. Question of The Week -- October 22, 2020

    Question of The Week -- October 22, 2020

    The Wall Street Journal reported this past week that 4 recent large financial scandals were all previously audited by Ernst & Young -- "While it wasn’t possible to pinpoint why EY has had so many recent audit clients with financial scandals, certain elements of EY’s business strategy might help explain the cluster of blowups. EY had ties with executives and board members at some of its troubled audit clients. In some cases, former EY partners sat on the companies’ boards, including on their audit committees."

    Should former Auditors (Partners & Senior Managers of CPA firms) NOT be permitted to serve on ...

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