Sentence examples for bad auditors from inspiring English sources

This means that the bad auditors are gravitationally drawn into auditing the bad companies, while the majority of the profession has an unrepresentative view of how likely that could be.

Misleading client companies may engage bad auditors to revise their financial statements, so that poor earnings quality may not be caused by low audit quality; but rather bad client companies for our purposes, earnings managers with poor earnings quality may choose to hire bad auditors.

Then the government, in its infinite wisdom, decided that since Arthur Andersen employed one or two bad auditors, the entire firm should be destroyed.

We must also introduce a caution: Because we lack information about the audit quality evaluations that fail to find any deficiency, we do not provide any estimation of bad auditors not identified by the ICAC's investigations.

Accordingly, we first determine if sanctioned auditors may be considered bad auditors, particularly if they generally exhibit greater tolerance for higher earnings management practices than non-sanctioned auditors do.

Because sanctions are imposed because of a single, specific audit rather than systematic audit malpractice, if penalized auditors are not bad auditors, then changes in auditor's behavior in the post-inspection period are expected to be marginal, regardless of the economic and reputation losses subsequent to the public disclosure of sanctions.

"And that happens a lot in some places in rural Africa where markets disappear when there is a natural disaster … or where roads or communications are really bad". The auditors did not monitor potential corruption, governance or the stability of the 43 countries that had received road-sector financing from the EU.

Like a gambler on a bad tear, auditors say Donald Trump Donald Trump 's casino company will be in deep trouble without a cash infusion.

In all three cases, Andersen auditors spotted bad accounting but were persuaded it was immaterial and therefore allowed it to go ahead.

A lawsuit filed in Illinois on August 18th is seeking $10 billion in damages.This is bad news for the auditors, who had been hoping that Parmalat's banks would continue to draw most of Mr Bondi's fire.

In order for disciplinary sanctions to spur an increase in audit quality, then, it is expected that sanctioned auditors must be bad auditors auditors who engage in generalized auditing misconduct which, we approach through the permissiveness toward accounting manipulation.