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Anglo Irish Bank Corporation (2)

There is a complete desert of information on the issue of the auditing of Anglo Irish Bank by Ernst & Young. The first pertinent question to ask is, who were the accountants, as opposed to the auditors? Were Ernst & Young also the accountants? The standard of care for an auditor is, almost invariably, that of the reasonably careful member of his profession. In short, just like a medical practitioner, the auditor is judged by the standards of practice among […]