Very Important News Today?
The consequences to Germany of a Euro break-up
By Ian R. Campbell —— Bio and Archives--June 19, 2012
Canadian News, Opinion | Comments | Back To Full Article
Why Read: Because if you understand how auditors and their clients function together, reporting delays seldom mean ‘good news’.
Featured Article: A brief article this morning reports that:
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- Spain’s Central Bank has notified each of the (now reported as four) audit firms currently studying the books of Spain’s banks that their reporting deadline has been moved from July 31 to September; and,
- later this week consultancies ‘Oliver Wyman’ and ‘Roland Berger’ are expected to report a preliminary estimate of capital needs for the entire Spanish banking sector.
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