BF Borgers Named “Sham Audit Mill” by SEC
Accountability and integrity - the two pillars of audit practices.
Unfortunately, scandals do arise, shaking the confidence of investors, clients, and the general public. One such recent incident is the BF Borgers scandal, which has...
Tesco Accounting Scandal: Overstating Profits by £326 Million
In 2014, one of the UK's largest retailers, Tesco, shocked the business world by overstating of its profits by £326 million. This accounting misstatement, the largest in British corporate history at the time, led...
Barclays Capital Lost Millions Due to an Excel Error
Spreadsheets have played a crucial role in business operations worldwide. Today, an estimated 81% of businesses rely on Excel, the leading spreadsheet tool, for various tasks such as managing budgets, generating reports, and recording employee...
