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accounting
Essay specific features
Written by:
Anonymous
Date added:
March 17, 2017
Level:
University
Grade:
A
No of pages / words:
7 / 1868
Was viewed:
584 times
Rating of current essay:
Essay content:
Everyone is seeking the win. Auditors are being accused of being out to lunch, with the clients. Many accounting firms are coming under scrutiny as some of their clients are being investigated by the SEC for irregularities in their practice of accounting. Cendant and Sunbeam both left accounting giant Arthur Anderson holding a big ol'bag full of unreported accounting irregularities...
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Auditors from BDO Seidman addressed issues of GAAP with Thing New Ideas company. The Changes were made and BDO was replace for no specific reason. Herb Greenberg calls the episode, "A reminder that the company being audited also pays the auditors' bill." The Kind of conflict of interests that leads us to question the idea of how independent the auditors are...
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