03 Oct 2011
SIX FIRMS auditing the banks was unlikely to have prevented the financial crisis, according to a Big four chief.
KPMG Europe joint chairman John Griffith-Jones said there was no evidence that having six auditors rather than four would have made a difference to the banking sector's collapse, reported the Daily Telegraph.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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