Tuesday Sept 3, 2024
The ACCT 4311 textbook in the first chapter mentions SARBOX, Dodd Frank, and other initiatives to increase audit compliance. Sounds good but…
read how audit deficiencies have increased from 29 to 40% in three years.
Reading these real world reports gives a far greater impact to your learning in these courses. See previous post on EY shedding clients to improve their efficiency.
EY's fine over failed German WIrecard audit.
The above link is an extensive look into the Luckin fraud and is a model of how these things seem to happen.
Professor Elam 
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