I have final interviews for audit, i’ve been looking around for current news affecting the audit industry but i dont think im doing that well. does anyone have any pointers i could use? im really nervous about the commercial awareness side as its not my background! thanks!
Did you read [[Credit crunch effect on audit]]? That’s pretty significant!
Auditors should have identified that the banks which went under were at risk of doing so if market conditions changed- instead they gave them a clean bill of health, so in many respects the auditors failed in their duty.
This makes pretty big news in audit land!