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That's right: It fired the auditor.
The board did hire a more experienced chief financial officer, but it also fired the auditor.
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Warnaco claimed it fixed the problem, then fired the auditors.
KPMG fired the rogue auditor on 5 April and told Herbalife about the whole debacle yesterday.
He fired the state auditor after it was revealed that he was due to receive a large pension from a previous government job, and has eschewed the entourages Mr Fernández often took on foreign trips.
He also fired the external auditors, BDO Seidman, who had raised concerns about the company's internal controls.
Indeed, Mr. Morphy said he almost fired the company's outside auditors a few years ago for not being tough enough on the company.
The school board is considering firing the current auditors.
Duncan Was Not Alone 01.24.02 The fired Andersen auditor took the Fifth, but other testimony implies he was not a lone wolf, but part of a pack.
A large accounting firm released documents today that it said showed that William H. Webster had fired it as the auditor of U.S. Technologies after the firm warned him about financial problems at the company.
The accounting firm BDO Seidman released documents that it said showed that William H. Webster had fired it as the auditor of U.S. Technologies after the firm warned him about financial problems.
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