Reply to post: Re: report demolishes Lynch's defence ... not sure.

HPE urges judge to pick through Deloitte-bashing report it claims demolishes Autonomy founder's defence

Yougottalaugh

Re: report demolishes Lynch's defence ... not sure.

" The auditors findings are often trivial and it is much an attempt at winning additional consulting services business as genuine systemic failures - mainly because companies doing dodgy things with genuine systemic failures will try and hide said issues from the auditors."

Yet in this case they were not trivial matters, they were both material and serious. The report of Tribunal concludes: " Misconduct through a failure to act in accordance with Fundamental Principle (c) “Professional Competence and Due Care” (against both Mr Knights and Mr Mercer), through a lack of integrity (against Mr Knights) and through a loss of objectivity (against Mr Knights)." and that the conduct "falls significantly short of the standards reasonably to be expected"

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