Navistar v Deloitte: Blame the Auditors for Fraud Committed and Concealed By Employees
In cases of corporate fraud, including embezzlement, financial statement fraud, earnings management, bribery, and the like, it’s easy to blame the auditors. After all, they have very deep pockets, often with large malpractice policies. Even though the task of auditors is usually well-defined and agreed-to by shareholders, management, and the …