The other reason to care about Herbalife’s China-bribery settlement

Auditors are supposed to design their audits to give them the best chance to find illegal acts

This article is by guest author Michael Rapoport. Michael is a business and financial journalist who specializes in stories about accounting, banking, and financial regulation and is a former reporter for The Wall Street Journal. His work has appeared recently in Institutional Investor, Quartz, and Business Insider. Michael is on Twitter as @rapoportmike