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COMMENTARY

What the dickens is up with audit firms?

The woes of high-profile players like Hyflux, Noble and California Fitness have resulted in the public baying for blood whenever a company fails

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Back home, the much-publicised failures of businesses from California Fitness to Noble Group and Hyflux have similarly drawn auditors flak from shareholders and the public seeking someone to blame, an obvious target particularly when the financial statements did not red flag the financial risks.

IT was the age of wisdom, it was the age of incredulity.

Blazing yellow sun. Lapping blue waves. Tanned beach bods and a palm tree's silhouette swaying against an orange sky. Once ubiquitous, the California Fitness logo that hints at its fabulous lifestyle offering has vanished from...

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