http://www.sequenceinc.com/fraudfiles/2007/12/11/ouch-1-million-fine-for-deloitte/ Sat, 20 Mar 2010 22:05:23 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.sequenceinc.com/fraudfiles/2007/12/11/ouch-1-million-fine-for-deloitte/comment-page-1/#comment-134143 john lichtenstein Thu, 13 Dec 2007 04:29:17 +0000 http://www.sequence-inc.com/fraudfiles/2007/12/11/ouch-1-million-fine-for-deloitte/#comment-134143 Well at least Fazio can't do this anymore. I have correspondence from an auditor who insists that even if a company claims that some technology it bought does not work, an SFAS 142 review would not need to show any impairment. Of course he knows that's not true but what does he care. You can see some details at http://freehydrogen.blogspot.com/2006/04/curious-19-million-writeoff-for.html Well at least Fazio can’t do this anymore. I have correspondence from an auditor who insists that even if a company claims that some technology it bought does not work, an SFAS 142 review would not need to show any impairment. Of course he knows that’s not true but what does he care. You can see some details at
http://freehydrogen.blogspot.com/2006/04/curious-19-million-writeoff-for.html

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