Re:EY gets banned from new audit business in Germany
by qwytw on Sunday April 09, 2023 @01:27PM
(#35504694)
Well the least they can do is force band auditing companies from offering consulting services because that is a clear conflict of interest..
Re:EY gets banned from new audit business in Germany
by looping__lui on Sunday April 09, 2023 @01:33PM
(#35504743)
That I do agree with.
BCG and McK don’t offer auditing.
Re:EY gets banned from new audit business in Germany
by 331c8c71 on Sunday April 09, 2023 @01:27PM
(#35504697)
I was objecting to "you don't pay them" specifically.
Re:EY gets banned from new audit business in Germany
by looping__lui on Sunday April 09, 2023 @01:34PM
(#35504756)
With governments having like 30-50% GDP share of the economy (e.g., tax versus GDP) - we are gonna have a hard time banning literally everything based on that…
Re:EY gets banned from new audit business in Germany
by wouldbecouldbe on Sunday April 09, 2023 @02:24PM
(#35505129)
We should probably ban the "no skin in the game part" instead of just the sector. Even though there have been a few court cases, the effect was tiny and they are still considered reputable. In some cases probably more personal lawsuits should be done more often (also for politicians and civil servants)
Re:EY gets banned from new audit business in Germany
by epups on Sunday April 09, 2023 @02:39PM
(#35505266)
I don't get it. Do you think auditors and consultants that screw up on their job should be prosecuted?
Re:EY gets banned from new audit business in Germany
by TulliusCicero on Sunday April 09, 2023 @06:46PM
(#35507223)
Depends on the nature of the screw up and on how high up the hierarchy they are.
At a sufficient level of negligence and authority -- yes.
How is a mismanagement of consultants by public sector entities a justification to “ban” an entire sector?