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researcher59

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Re: RedBull77 post# 28645

Monday, 04/04/2011 2:49:41 PM

Monday, April 04, 2011 2:49:41 PM

Post# of 34471
Keep in mind too, that when a small team of auditors cannot be fooled, it may very well be true that they can be bribed instead. If you can't fool 'em, bribe 'em ! That's a very commonplace way of doing business in China.

The Deloitte audit team may have overlooked financial irregularities during the 2009 audit because they got paybacks (bribes). An Auditor is no better than the team of employees who do the audit.
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