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Errors sound like they were mistakes but given the experience and the amounts involved would it be reasonable to expect the differences to be something other than mistakes (and, yes, I'm being very careful about libel laws)?
Ahh, yes, I remember it well. I worked at RSM Tenon at the time. Got TUPE'd over to Baker Tilly, and the partner visited the office to assure us that we were all safe and secure in our jobs, before closing the office and making us all redundant six months later.
Gits.
There is no need to worry about libel in my view. These scandals of large monopoly companies, like the Big 4 accountants, the large clearing banks etc. do zero reputational damage for obvious reasons (i.e. they all get sanctioned like this from time to time to a greater or lesser extent don't they, so what's the difference for such businesses as there is thereby no possible consequential loss of business?), as long as they are not caught shredding documents etc., as being caught trying to cover things up is always 100 times worse than any actual offence (no matter how bad that offence).
Small fine and a tap on the wrist.
its cheaper to pay that than employe enough people to do a proper job.
I left the big 6 as it was then due to an audit partner ripping out an audit schedule from the file (all paper in those days!) which demonstrated a (material) stock error and told me to go back and do the tests they did last year which did not pick it up. This is a listed firm and may have affected the share price.
I signed up with various recruitment co's right after.