First Brands chose BDO for ‘less rigorous’ approach, witness says
Former executive told investigator examining company’s failure that audit firm had ‘most unsophisticated’ process
Former executive told investigator examining company’s failure that audit firm had ‘most unsophisticated’ process

Firm leader says auditor may face years of scrutiny and will take ‘decisive action to protect our reputation’

Financial Reporting Council to examine two individuals and the firm itself over ‘unauthorised’ auditors’ reports

Some creditors want an independent trustee involved in car parts maker’s bankruptcy process

A new study suggests that buying into the blather reveals a credulous worker

Upcoming asset sales are expected to yield as little as $200mn to pay off debt pile of more than $12bn

Firms like Apollo find it hard to shake narratives formed by legacy private equity and distressed debt operations