Unique study reduces pollution in India while calling conventional auditing markets into question
Wednesday, October 9, 2013 - 08:30
in Mathematics & Economics
The structure of the auditing business appears problematic: Typically, major companies pay auditors to examine their books under the so-called "third-party" audit system. But when an auditing firm's revenues come directly from its clients, the auditors have an incentive not to deliver bad news to them.