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Are you concerned with the excesses of the auditing industry? Auditors claiming that company accounts are 'true and fair' and the public discovers that the same accounts would have easily won international prizes for fiction. Within weeks of clean audit opinions, companies collapse and auditors deny any responsibilities though they are happy to collect their fees. Auditing firms enjoy the state guaranteed monopoly of the auditing market but don't owe a 'duty of care' to any individual stakeholder. They are a major site for sleaze, corruption and anti-social activities.
This page provides news and offers concerned people a forum for sharing their views and experiences. Write to AABA and tell us about the scams operated by auditors.

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2025