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February 5, 2023

KPMG Exec: If the Public Knew How the Audit Sausage Was Made, They’d Appreciate the Taste a Little More

"I can understand why the public at large might feel let down. In hindsight, it is tempting to wonder why auditors were not more alert to a possible financial crisis. If the diligence and expertise that underpin audit reports were more visible, public views of the profession would be far more favorable."

– Isabelle Allen, Global and EMA Head of Sales and Markets for KPMG International when asked "Is it fair that the audit profession has been blamed for failing to predict the financial crisis?"

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