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Board of Directors under fire at General Assembly Nyrstar NV : €5 million per year for an empty shell
Minority shareholders sound the alarm about poor governance, conflicts of interest, mismanagement, and excessive spending. Nyrstar NV, a...
Jun 255 min read
New initiative should improve ethics and governance among auditors
A new international project aims to improve the culture and governance of accountancy firms worldwide, reduce the risk of unethical...
Jan 221 min read
In the shadows: Did Deloitte facilitate a Cuckoo Scheme?
In an era where financial impropriety often involves more sophistication than force, the words of Warren Buffet and Charlie Munger in...
Apr 29, 20242 min read
Auditor Deloitte hedges its bets on conviction in Nyrstar case
Following a period of over four years during which we have been urging the former and current commissioners of Nyrstar to take...
Feb 13, 20242 min read
Accounting firms accused of ‘operating with impunity’ as regulator flags growing number of flawed audits
Investigative journalism by the International Consortium of Investigative Journalists (ICIJ) shows that (i) US regulators are...
Jul 31, 20231 min read
Audit firms fight to block expansion of fraud detection role
The US is preparing new rules to increase the responsibility of audit firms with respect to corporate fraud. These new rules would widen...
Jul 30, 20232 min read
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