https://francinemckenna.com/wp-content/francine-mckenna.png 0 0 Francine https://francinemckenna.com/wp-content/francine-mckenna.png Francine2012-08-07 18:31:502022-03-30 13:49:40Service Provider To Profit: Deloitte and Standard Chartered Bank
Service Provider To Profit: Deloitte and Standard Chartered Bank
Based on the Standard Chartered Bank experience, it’s clear to me that a Big Four firm that wants to grow its consulting business is sorely tempted to “work with” a client it wants to do business with in the future, as a consultant or even as a future auditor.
“Reputation risk” doesn’t get in the way of audit firms helping criminal banks do illegal things. “Reputation risk” is now an oxymoron. Bankers and their enablers, the audit firms, have no risk to their reputation from anyone that matters.