Why auditors are missing red flags
Behind the Money22 Mai 2024

Why auditors are missing red flags

Audit firms are supposed to put a company’s books under the microscope. But these days, regulators are finding an increasing number of flaws in the audits that they inspect. The FT’s US accounting editor Stephen Foley explains what’s going wrong, and how regulators around the world plan to fix these shortcomings.


Clips from CNN, NBC News


- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

Why don’t auditors find fraud?

Auditors failed to raise alarm before 75% of UK corporate collapses

Big Four firms rethink governance after year of mis-steps and scandals


- - - - - - - - - - - - - - - - - - - - - - - - - -


On X, follow Stephen Foley (@stephenfoley) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Episoder(318)

Swamp Notes: Trump’s next 100 days

Swamp Notes: Trump’s next 100 days

This week, Swamp Notes goes to London for a live recording. Katie Martin, host of the Unhedged podcast, and Chris Giles, author of the FT’s Central Banks newsletter, discuss what Trump’s next few mont...

28 Mai 202523min

How Trump’s tariffs threaten Ireland’s pharma fortune

How Trump’s tariffs threaten Ireland’s pharma fortune

Ireland has become a major base for US pharma companies, including Pfizer, Eli Lilly and Johnson & Johnson. That’s bolstered the economies of individual towns and played a role in the country’s massiv...

21 Mai 202521min

GE Vernova tries to shake its parent’s problems

GE Vernova tries to shake its parent’s problems

Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration....

14 Mai 202526min

The FTC commissioner fired by Trump

The FTC commissioner fired by Trump

In March, Alvaro Bedoya and Rebecca Kelly Slaughter, two Democratic members of the Federal Trade Commission, were fired from their jobs by the Trump administration. They say this was done illegally an...

7 Mai 202521min

Has Goldman Sachs already chosen its next CEO?

Has Goldman Sachs already chosen its next CEO?

Goldman Sachs may have picked its next chief executive years before any planned handover. It has raised eyebrows on Wall Street and would break from the usual process, where multiple candidates typica...

30 Apr 202525min

Lessons from the recent US Treasuries sell-off

Lessons from the recent US Treasuries sell-off

Markets shook after US President Donald Trump announced his so-called reciprocal tariffs earlier this month. But there was one market in particular that got investors particularly worried: Treasuries....

23 Apr 202518min

How China's global trade strategy could backfire

How China's global trade strategy could backfire

Over the past three decades, China has built itself into a manufacturing powerhouse. The plan was simple: use exports as a way to avoid becoming too dependent on the west. But with US President Donald...

16 Apr 202518min

Apple navigates Trump’s tariffs

Apple navigates Trump’s tariffs

US President Donald Trump’s announcement of “reciprocal” tariffs caused havoc in the markets, notably hitting Big Tech stocks such as Apple. The company lost more than $300bn in market value the next ...

9 Apr 202518min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
livet-pa-veien-med-jan-erik-larssen
utbytte
morgenkaffen-med-finansavisen
lederpodden
rss-markedspuls-2
pengesnakk
rss-pa-konto
rss-fa-makro
liberal-halvtime
boligbobla
rss-investering-gjort-enkelt