EY, Deloitte, KPMG fall short in audit quality

Underscoring our point in the previous post that the inadequacy of traditional financial disclosures is the reason for the interest in ESG/sustainability:

Three of the big four consulting firms failed to do enough work to support their audit opinions on every important aspect of at least one client’s financial reports.
The corporate regulator’s latest audit inspection reports revealed that EY failed on all fronts for two clients, while Deloitte and KPMG did so for one client each.

via EY, Deloitte, KPMG fall short in audit quality

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