Apparently companies are having trouble finding people who want to serve on an audit committee.
Candidates probably lose interest once they hear about all the boring reading that's required.
[WSJ]
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Ed. note: an earlier version of this article used male pronouns based on the information available at the time. We have been informed the associate was female, confirmed this information with the NYPD, and have updated pronouns in this article. I debated even posting this at all but everyone is already talking about it and […]
Big 4 EY auditors escape potential Wirecard sanctions after leaving profession [Financial Times] Germany’s audit watchdog closed investigations against four current and former EY auditors involved in inspecting collapsed payments firm Wirecard after they handed back their professional licences and left the profession earlier this month. Under German law, Apas can only probe and sanction […]
