Thursday, January 15, 2009

MPs to grill auditors over crisis


Committee will question auditors over their role in the financial crisis later this month

The Commons Treasury Committee will cross-examine audit industry representatives this month as part of an investigation into the banking crisis.

The 28 January hearing will question auditors about their role in the crisis and whether reform of the auditing industry is needed.

MPs on the influential committee will also question CBI boss Richard Lambert as well as representatives of hedge funds, other investors and the credit reference agencies.

See full Article.