An investigation by PwC showed every dotcom it examined had inadvertently over or under-stated its site visitor numbers. Recently web company e-district’s directors suspended its CE Steven Laitman after discovering figures for registered users, page impressions and revenues were ‘substantially overstated’.
According to the company, it was not clear over what period the overstatement occurred, ‘but it could include all of 2000’.
PwC is, ironically the company auditor, but e-district did not have its hits audited by the Big Five firm or anyone else. Perhaps this is a lesson.
When you have expertise at your finger tips, it’s best to use it.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
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Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel