The Dig

Share this post

UK audit reform proposals: Full of sound and fury but likely to amount to nothing

thedig.substack.com

UK audit reform proposals: Full of sound and fury but likely to amount to nothing

Let's all say again that auditors are supposed to be performing their public duty and finding fraud, shall we?

Francine McKenna
Mar 18, 2021
∙ Paid
1
Share this post

UK audit reform proposals: Full of sound and fury but likely to amount to nothing

thedig.substack.com
2
Share

One after another the ongoing revelations of corporate fraud and bankruptcy in the UK remind us that audits — the last defense against failed financial reporting for investors and the markets — are still not preventing, detecting, or warning anyone about it. 

Enron’s bankruptcy, and its auditor Arthur Andersen’s collapse, happened twenty years ago. The …

Keep reading with a 7-day free trial

Subscribe to

The Dig
to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Previous
Next
© 2023 Francine McKenna
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing