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Brother Lim, you can go and study a few cases from wikipedia la: Enron scandal, Hin Leong Trading, Wirecard etc…1MDB 那么大的假账丑闻,你不会没听过吧?
financial fraud 是肯定会发生的,无论你的监管做的多好。
serbadk有没有做假账,我真的不知道,但kpmg不愿签名是一个事实。事实就是事实,无论你愿意相信与否。
financial fraud曾经发生,正在发生,以后也会发生。你不是第一天投资吧?
HY NG You are such a hilarious guy. I know a lot more cases such as Transmile, Megan and etc. So is there any relationship between Serba Dinamik? I have went through audit queries flagged out by KPMG with some of my auditor' friends from PWC, KPMG, Deloitte, EY and etc. I can introduce some of senior audit manager if you need to know more about solid audit procedures. We can conclude that all matters mainly relating to control deficiencies and miscommunication, as engagement team involved in audit field for a Company might not be the same every year, so some of the auditor might not familiar with Company's accounting system when they takeover. Btw I have more than 9 years audit experience, if u need to know any information on audit procedures, u may come to me FOC. For your information, KMPG never mentioned that they dont want to sign off the audit report, just that they havent come back to those questions which they have raised up during their audit fieldwork.
Hahaha sure, brother Lim, put your money where your mouth is then.
Since you have 9 years audit experience, you never see kpmg’s full testimony u already know sure safe, sure…..
Where do you audit ah? Internal audit for sure I guess, if you audit companies I invest in I should be very worried