#AuditFailure

Metaphor Man

@metaphorman.bsky.social

1 month ago

William Murphy (@futuredude) About half of every dollar (50%–60%) the Department of War spends can’t be properly accounted for. A $trillion‑plus black box of unverified books, contractors, and ledger chaos. Accountability? Totall...

About half of every dollar (50%–60%) the Department of War spends can’t be properly accounted for

A $trillion‑plus black box of unverified books, contractors, and ledger chaos

Accountability?

Totally nonexistent

#Pentagon #Capitalism #AuditFailure

substack.com/@futuredude/...

William Murphy

@futuredude.bsky.social

1 month ago

About half of every dollar (50%–60%) the Department of War spends can’t be properly accounted for. A $trillion‑plus black box of unverified books, contractors, and ledger chaos. Accountability? Totally nonexistent. #Pentagon #Capitalism #AuditFailure

Elvis Eckardt Recruitment

@elviseckardtrec.bsky.social

8 months ago

$1.4B isn’t just a headline.

It’s a warning shot at every Big Four firm:

💼 When you sign off, you sign up for responsibility.
And the courts? They’re watching.

#BridgingFinance #EY #PwC #Canada #AuditFailure

Elvis Eckardt Recruitment

@elviseckardtrec.bsky.social

9 months ago

⚖️ In court, Commerzbank accused EY of failing to audit with due scepticism:

“There were red flags, but EY looked away.”
They claim EY didn’t verify Wirecard’s supposed funds in Asia — a fatal miss that led to the collapse.

#AuditFailure