That seems to be the alarming sentiment among certain auditing firms who polled for a recent Vanderbilt University study into accounting practices.
In a corporate world still reeling from a plethora of high-profile accounting scandals, this shocking news may prove difficult to account for.
The study, carried out by Vanderbilt University researchers has found that audit firms are still likely to produce inaccurate audit opinions to benefit a big client – as long as company officials think they can get away with it.
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