Saturday, May 23, 2015

Auditors' are not infallible - Article from The Edge -

We came across this article in The Edge with the title of Auditors, like anyone else, are not infallible:


http://www.theedgemarkets.com/en/article/auditors-anyone-else-are-not-infallible


What the article said is quite true - where the auditors can't guarantee everything within the company is "all right" even though a clean unqualified audit opinion has been issued. However, the market perception seems to be like the company "is ok" since it has been audited and clean audit opinion has been issued?


WHat can be done to change this market perception ?

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