The auditors of digraced fraudster Bernard Madoff have will have permanent
injunctions placed against them after admitting to a partial judgement in a US
The US financial regulator, the Securities and Exchange Commission said
Madoff’s auditor, Friehling and Friehling & Horowitz, would not fight claims
they “enabled Madoff’s fraud by falsely stating they audited the convicted
fraudster’s financial statements”
The SEC claimed Friehling and F&H enabled Madoff’s Ponzi scheme by
falsely stating, in annual audit reports, that F&H audited Bernard L. Madoff
Investment Securities LLC’s financial statements pursuant to standards.
Read the full SEC
AUDITORS CONSENT TO PARTIAL JUDGMENT IMPOSING PERMANENT INJUNCTIONS
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.