Wayne.Kerr
Vital Champions League
KPMG faces a High Court writ from the Official Receiver acting on behalf of Carillion's creditors.Not one accountant or auditor has been struck off for Lehmans, Bear Stearns, AIG, RBS, Carillion, ABN Amro, Dexia, Lloyds Bank.
Big five [now four] firm Arthur Anderson was struck off in its entirety following the Enron scandal and I'm sure individual audit partners have been suspended or struck off in the cases of those other businesses mentioned. Don't forget the auditor is not a forensic investigator and to some extent has to rely on disclosures and representations made by company directors.
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