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“Form AP” would name the engagement partner but would not be included in the client company’s SEC filings. >> Matthew Heller
The U.S. unit of Spain’s Santander Group is faulted for deficiencies in capital management, internal audit, and risk and liquidity management.
Eighty-three percent of 150 multinationals responding to a survey have suffered significant losses in emerging markets.
For many large companies, revenues from sustainable products and services are growing much faster than overall sales.
>> David McCann
“The audit profession as a whole will be looked at to expand outside the domain of the historical financial statements,” says Deloitte & Touche CEO.
The lawsuit accused Jon Corzine and other executives, including two former CFOs, of inflating the brokerage’s ability to manage risk.