Cross-Border Oversight

There’s No Excuse for Auditors Who Ignore Red Flags — Especially From Distant Jurisdictions

There’s No Excuse for Auditors Who Ignore Red Flags — Especially From Distant Jurisdictions

Pholus Advisory | 12/02/2024
Auditors play a central role in safeguarding institutional integrity. But when red flags arise—particularly in high-risk or opaque jurisdictions—some auditors look the other way. Whether due to distance, pressure, or deference, ignoring warning signs isn’t just a professional lapse. It’s a systemic failure that enables fraud, exposes investors, and leaves…
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