Arbitration over compliance with auditing standards - Brattle

In an arbitration, a consultant now at Brattle was retained by a Big Four accounting firm to assess an accounts receivable factoring company’s allegations that its bankruptcy was caused by the accounting firm’s failure to perform its audit in compliance with professional standards. The consultant supported a former audit partner who analyzed the fraud perpetrated by management and addressed the nature and limitations of an audit. The client won in arbitration.

Practices

Experts Involved

Alison Forman

Principal

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