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In July an internal audit revealed a paperwork problem with Shaw subcontractors.
FORBES: Magazine Article
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When Amerco wanted to disclose to investors PwC's role in the accounting problem, PwC threatened to yank its audit opinion on Amerco's SEC filings, which would have had crippled the company financially, the suit says.
FORBES: Magazine Article
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Deloitte said no problem, even though target and acquirer are potentially both audit clients of Deloitte.
FORBES: Did Deloitte Compromise Independence in McClellan Insider Trading Scandal?
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Imagine if the problem had been first identified in November via a process to audit related systems based on the one reported intrusion into the internal chat application, or if an intrusion detection system had started firing red based on the exfiltration of their entire MySQL database.
FORBES: Discussing Gawker's Breach With Founder Nick Denton
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The problem, they said, was that the company's internal controls were weak, and the audit trail was not strong enough.
ECONOMIST: One company's experience of Sarbanes-Oxley
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Chair of the audit committee, Plaid Cymru's Janet Davies, said there was no simple solution to the problem of staff shortages.
BBC: NHS staff shortage is 'unclear'