Auditors seem to be finally taking their role seriously. Look at their new-found aggression: According to data provided by Prime Database, in just five months of this calendar year, as many as 32 firms have resigned as auditors of companies mid-term. The number in the past one month alone was 15. That’s a big change from the numbers in the earlier years.
In the past couple of weeks, three companies saw their auditors resign abruptly just ahead of the quarterly results. While Deloitte quit Manpasand Beverages, Price Waterhouse (PW) resigned from Atlanta and Vakrangee within days of each other. The
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