New audit partner identification rules may offer opportunities and benefits

@inproceedings{Reid2017NewAP,
  title={New audit partner identification rules may offer opportunities and benefits},
  author={Colin D. Reid and Julie Furr Youngman},
  year={2017}
}
From the WorldCom and Enron accounting debacles that triggered the demise of Arthur Andersen to Ernst & Young’s 2013 and 2015 settlements of claims that its audits facilitated massive accounting fraud by financial services firm Lehman Brothers, large-scale financial scandals have led to increasing scrutiny of public auditors. Investors are justifiably eager to ascertain the quality of audits of public companies when making investment decisions. In the U.K., the reputation of the audit partner… CONTINUE READING
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