이 누리집은 대한민국 공식 전자정부 누리집입니다.
Biz News Korea(Eng)
Deloitte Anjin considers splitting advisory unit into a new entity
- Collected
- 2016.12.20
- Distributed
- 2016.12.22
- Source
- Go Direct
An unnamed high-level official at the company said on Sunday that the company discussed the plan to separate auditing and non-auditing works to focus its capability on improving quality of its advisory during its latest general meeting of partners. He added that the company plans to form a task force to come up with detailed plans to strengthen its auditing practices.
The Korean Member Firm of the world’s biggest accounting and consulting firm Deloitte Touche Tohmatsu Limited based in the U.S. has been under probe of the Seoul Central District Prosecutors’ Office for oversight in supervising accounting books of DSME and conspiring with the shipbuilder to cook up the ledgers to hide massive amounts of losses.
If convicted on the accounting fraud charges, Deloitte Anjin would face heavy penalties such as business suspension that would deal as a harsh blow to the company’s reputation and business. Industry observers believe that the company plans to handle its advisory work in a separate new entity as part of the defensive measures.
Some suggest that the global auditing powerhouse Deloitte could break up with Anjin depending on the prosecution charges and seek a new partner in Korea. Deloitte Anjin said that “we are still in a sound and strong partnership with Deloitte.”
By Bae Mi-jung and Chun Gyung-woon
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]