COVID19 is not a ‘get out of jail free card’ for auditors

Auditors are under a lot of pressure at the moment but it’s so important that they play their part in the COVID19 recovery and provide shareholders with a fair view of which businesses are going concern and which aren’t, rather than applying blanket warnings across their client base to absolve themselves of blame in the event of future failure. ‘There are no get out of jail free cards’ – solving the audit challenge requires changing the model. Full article by Simon Bittlestone in Accountancy Today

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