Judge Felt Compelled to Call Out Grant Thornton’s Extraordinarly Crappy Work
It's always amusing when a judge reprimands an accounting firm for sucking at its job. Usually it's due to some dumpster fire that auditors watched burn for too long, but today's bench slap came from a judge on Delaware's Court of Chancery in regards to some valuation work Grant Thornton performed: Vice Chancellor Travis Laster […]
Judge Would Like Someone To Look Her in the Eye and Explain Why Deloitte Isn’t Complying with a SEC Subpoena in Relation to a Company That Held Audit Workpapers Hostage
Remember Longtop Finanical? That's the Hong Kong-based company that Deloitte kicked to the curb last May for a number of sketchy reasons that included the "the unlawful detention of DTT's audit files." We came to learn later that not only were the precious audit files taken hostage but that Deloitte auditors were thisclose to becoming hostages themeselves. […]