Recent audit failures?

Discussion in 'Politics, Religion, Social Issues' started by c073186, Oct 31, 2008.

  1. c073186 macrumors 6502a

    Joined:
    Nov 2, 2007
    #1
    For my accounting class (Auditing), I have to find a recent article (January 1, 2007 - Present) related to an audit failure by a public accounting firm.

    Has anyone heard of anything recently? I cannot seem to find anything.
     
  2. BoyBach macrumors 68040

    BoyBach

    Joined:
    Feb 24, 2006
    Location:
    UK
    #2
    Have you not been following Teh Credit Crunch?
     
  3. c073186 thread starter macrumors 6502a

    Joined:
    Nov 2, 2007
    #3
    Is that a failure by public accounting firms?
     
  4. BoyBach macrumors 68040

    BoyBach

    Joined:
    Feb 24, 2006
    Location:
    UK
    #4
    The various financial institutions need to have their accounts "signed off" by auditors every year.

    http://www.financial-planning.com/a...nt-were-auditors-companies-collapsed.html?pg=
     
  5. iShater macrumors 604

    iShater

    Joined:
    Aug 13, 2002
    Location:
    Chicagoland
    #5
    I don't remember if these happened after 1/1/2007:

    - Worldcomm
    - Tyco
    - Global Crossings

    I think ... :eek:
     

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