Buy custom Parmalat To Sue Auditors 
    
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            | Topic: | 
            
                
                    Business
                
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            | Number of pages / Number of words: | 
            
                3 / 705             | 
        
                
    
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We'll present ourselves to the court as a compact group."
The Parmalat scandal erupted after auditors discovered a "financial black hole" in the company's accounts amounting to nearly ?10 billion.
Prosecutors allege that Parmalat misled investors by claiming it had offshore assets that did not exist...
        
        
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PARMALAT, the bankrupt Italian food company, is suing outside auditors Grant Thornton and Deloitte & Touche, seeking ?5.5 billion in damages.
The lawsuit described Grant Thornton auditors as "active conspirators" with Parmalatâs former management.
Grant Thornton partners, it claimed, aided Parmalatâs management in "setting up fictitious companies and structuring fake transactions whose only purpose was to siphon off billions of dollars of assets from Parmalat"...
        
        
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            General points of the essay
            
                                    20 Questions Auditors should ask about Sarbanes Oxley
                                    Accountants and Auditors
                                    MANDATORY ROTATION OF AUDITORS
                                    Parmalat To Sue Auditors
                                    Parmalat fraud
                                    PriceWaterhouseCoopers LLP Auditors' Independence Issues & Violations
                                    Research on Parmalat
                                    The Institute Of Internal Auditors
                                    1919 Black Sox Scandal
                                    Chicago Black Sox Scandal
                                    Parmalat
                                    black hole
                                    Into The Depths Of A Black Hole
                                    Into the Depth of a Black Hole
                                    the black hole
                            
                    
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