Financial Times FT.com

Sceptical scrutiny is best way to keep auditors honest

By Andrew Hill and Louise Lucas

Published: October 5 2009 23:49 | Last updated: October 5 2009 23:49

It’s not just the Enron scandal that should haunt the auditing profession.

Frank Partnoy’s book The Match King lays out in shocking detail how in the 1920s, Ivar Kreuger, the entrepreneur behind Swedish Match, bought off AD Berning,his auditor.

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