The tape shows Houston-based partner Michael Odom ordering auditors to destroy papers and has him saying that evidence of anything of interest to anyone would then disappear.
The screening of the video comes as the US government claws back its position in the case after suffering a disappointing last few days.
Yesterday (Monday), the Justice Department’s chief witness, former Houston lead audit partner David Duncan, was accused of offering contradictory testimony to the FBI, and of being bullied into pleading guilty in fear of a threatened 80-year prison sentence.
The trial continues into June.
Mazars has announced the appointment of Michael Tripp as the new head of financial services
A new leader, Darra Singh has been appointed to lead EY’s UK government and public sector practice
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com