There is now a need for an International or Trans-National Regulatory Authority or Initiative to regulate auditors of a non-governmental nature that indulge in promotion of private profiteering and investor and employee jeopardy.
References:
Don't rely on our Satyam audits: Price Waterhouse
Price Waterhouse admits goof-up in Satyam audit
References:
Don't rely on our Satyam audits: Price Waterhouse
Price Waterhouse admits goof-up in Satyam audit
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