Governance failures at firms are matched by those at the audit firms and regulators tasked with assuring market integrity.
Thoughts
Mar 30, 2023We are excited to announce the release of Renal Failure, the third in our Deeper Dive series of reports. Just as the kidneys flush out toxins in the human body, the accounting profession, and audit firms specifically, are responsible for catching and removing inaccurate or inappropriate data from financial statements. When either fails, the results can be catastrophic.
Observations
Mar 01, 2023ClientEarth, an environmental advocacy group, has filed a lawsuit against the board of directors of Shell in the UK. The case alleges the directors breached their legal duties under the Companies Act by failing to adopt and implement an energy transition strategy that aligns with the Paris Agreement — an international treaty on climate change.
