In April of this year, UC Berkeley hosted a series of informal discussions and panels in San Francisco of the critical issues, technologies, and policies that drive financial fraud around the world. Q1 hedge fund letters, conference, scoops etc One of the panels, chaired by infamous short seller Jim Chanos of Kynikos Associates LP, discussed the role of auditors in detecting fraud, and why investors shouldn’t rely on auditors to detect fraudulent activity at companies. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Auditors don’t detect…
Jim Chanos: Conflicts Of Interest Prevent Auditors From Finding Fraud
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