Bloomberg: Wirecard exposes Big Four accounting lapses endure post-Enron

Dr Michael Willis, Director of the Master of Accounting programme at Cambridge Judge Business School, comments on the issue of the Big Four auditing firms. “A few months ago the threat of seismic government action seemed more credible but COVID-19 has put a pause to that for now,” Michael said, “I don’t think we’ll see a lot of regulatory change in the short run because of the COVID-19 volatility.”

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