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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: ValueGuy who wrote (41824)3/17/2011 2:30:59 PM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 78525
 
>didn't Enron and Parmalat receive unqualified audit opinions from top tier audit firms? :)

And do you know what happened to Arthur Andersen afterwards?
en.wikipedia.org

Auditors don't sign off on false reports just for the fun of it. Big four don't risk their reputation just to get chump of change from small cap co.



To: ValueGuy who wrote (41824)3/18/2011 7:06:29 AM
From: Madharry  Respond to of 78525
 
if that is the case the auditors should have gone to jail too.


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