“You can’t expect auditors to know a bank run is coming” said Kecia Williams Smith, a former auditor and regulator “What is fair is to ask about an auditor’s risk assessment and audit procedures.” So they ought to be able to assign a high run-probability?
ft.com/content/feb339…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…