FT reported on June 21 “that William Parrett, global chief executive of Deloitte (one of the big four), has called for lying to auditors to be made a criminal offence worldwide, a move he believes could help deter fraud and false accounting” and I guess many readers shared my instinctive reaction of What? Is it not criminal today? Well, then no wonder!
I believe many of us would appreciate it if FT provided us a brief, in layman terms, legal explanation of where we are now, and where Mr Parrett wants us to go.
I believe many of us would appreciate it if FT provided us a brief, in layman terms, legal explanation of where we are now, and where Mr Parrett wants us to go.