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A Prisoner’s Dilemma: AIG and Goldman Sachs Game Each Other And PwC
I’ve never heard a specific explanation for how PwC could preside over a long running dispute between two of its most important global clients, a dispute that was material to at least one of them, obviously, that had the attention of its highest level partners, and not force a resolution based on consistent application of accounting standards sooner. I’ve been writing almost as long as I’ve been writing here that PwC should resign as AIG’s auditor. Is it not enough that PwC was clearly torn between two clients who held enormous financial sway and lost its independence and objectivity along the way?
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I’ve never heard a specific explanation for how PwC could preside over a long running dispute between two of its most important global clients, a dispute that was material to at least one of them, obviously, that had the attention of its highest level partners, and not force a resolution based on consistent application of accounting standards sooner. I’ve been writing almost as long as I’ve been writing here that PwC should resign as AIG’s auditor. Is it not enough that PwC was clearly torn between two clients who held enormous financial sway and lost its independence and objectivity along the way?
Clique aqui e leia a matéria completa.
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