923 days ago
This is a shocking revelation which I discuss in detail. It shows the Big 4 accountancy firms are actually incentivising partners to engage in risky and incorrect business practices by indemnifying them against all costs if they are found out. The Big 4 then treat such fines as just another cost of doing business. What is going on is a disgrace which expses the moral bankruptcy at the heart of the accountancy establishment and must force the FRC to rethink punishments. I also discuss Ariana Resources (AAU) and why it needs no PR but especially the shysters it currently uses, the deafening silence at Chill Brands (CHLL) which marks it out as a zero and Union Jack Oil (UJO) where I suspect it is tme to give up and look elsewhere in the sector.
