Auditor, Audited, Auditing, more ...

When the system checks the devious, the devious check themselves. When the checkers of the devious goof up, the system should check the devious and the devious checkers. Hope this results in a proper checking of the devious checkers, because it is not the first time these devious checkers have failed to check.

Below are reference lists of follies including the very recent Madoff and Satyam fiasco. The buck has to stop somewhere, doesn't it?


References:

The men who certified Satyam's fudged account?

PwC may be asked to re-state accounts of Satyam: P Jain

Sebi team reaches Satyam complex and PwC office in H'bad

PwC faces axe from major clients after Satyam fiasco

PwC has a chequered past with taxmen

Bringing Satyam auditor PwC to book may not be easy

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Australian cos in disarray over IT export to India

US law firms file ‘class-action’ suits against Satyam

Satyam slapped with 2 class action suits in US

We will prosecute Raju if US laws violated: Vianale

Don't buy, Satyam may go bankrupt: India Infoline

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Fannie Mae sues KPMG over accounting flaws

KPMG to Admit Role in Tax Shelters; No Criminal Charges Expected

KPMG Trying to Cut Deal on Liabilities, Filing...

Spies, Lies & KPMG

Accounting giant KPMG to pay $10 million over Gemstar audit

Madoff Wreckage Bangs Feeder Funds, Auditors

Accounting firms drawn in to Madoff scandal