Auditor

The new code is being rolled out after the collapse of builder Carillion, retailer BHS, energy group Bulb, Patisserie Valerie and other high-profile corporate failures, which prompted government-backed reviews that recommended root-and-branch reform of auditing and corporate governance

Internal auditors urged to adopt new UK code to win back trust

PwC has been under the spotlight after China launched one of the biggest investigations of financial fraud in history involving developer Evergrande.

China weighs record fine for PwC over Evergrande auditing work

Regulators fear auditors are failing in their role as a last line of defence for investors against corporate shenanigans
THE BOTTOM LINE

Why don’t auditors find fraud?

KPMG is retiring as Cordlife's external auditor as it says it is not able to obtain “sufficient appropriate audit evidence” to provide a basis for an audit opinion on several areas.

Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials

Sino Grandness, a producer of canned vegetables and fruits, has been suspended from trading since December 2020.

Auditor issues disclaimer of opinion on Sino Grandness’ FY2020 financial statements

ComfortDelGro will start searching for new auditors and seek shareholders’ approval on their appointment.

ComfortDelGro's shareholders reject Deloitte as auditor

There’s an inherent conflict of interest in offering consulting services to the same executives whose homework you’re meant to be marking.
THE BOTTOM LINE

Which side of an EY breakup do you want to be on?

KPMG faces litigation by embattled Hyflux, which is under liquidation.

Hyflux group takes legal action against former auditor KPMG over alleged contract breach

Malaysia's 1MDB appoints Parker Randall as auditor

Malaysia's 1MDB appoints Parker Randall as auditor