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Internal and External Audit => External Audit, an essential oversight function => Topic started by: chandra on June 08, 2015, 08:20:22 GMT

Title: Corruption in FIFA: Its auditors saw none
Post by: chandra on June 08, 2015, 08:20:22 GMT

News at Business Standards

By Lynnley Browning  June 8, 2015 Last Updated at 00:15 IST

Despite longstanding suspicion of corruption, world soccer's governing body has received a clean bill of financial health for 16 consecutive years from KPMG, one of the world's top auditing, accounting and consulting firms.

Link: http://www.business-standard.com/article/international/corruption-in-fifa-its-auditors-saw-none-115060800028_1.html

Title: Re: Corruption in FIFA: Its auditors saw none
Post by: Napodano on June 08, 2015, 14:39:32 GMT

'Accounting firms often contend that their audits are only as good as the information they receive from clients'

LOL  ;D