Page 20 - Auditors Article
P. 20
DIAGRAM 3
Even if it were not be the auditor's job to spot fraud, it was
their job to ensure that the £28m bank balance shown on
Patisserie Holdings’ balance sheet bore some semblance of
reality and was not actually a £10m overdrawn balance.
Management didn’t understand the scope and scale of the
problems the business was facing as the fraud was
perpetrated by those providing the financial information to
them.
