Regulators crack down on shoddy auditing

Deloitte’s Brazilian arm was fined a record $8m this month for falsifying reports and providing false testimony during an investigation into the audits of a low-cost airline. This case and others like it reflect growing scrutiny of auditing carried out by the Big Four accounting firms in different regions of the world, Brooke Masters, the FT's companies editor, tells Matthew Vincent. Hosted on Acast. See acast.com/privacy for more information.