Madoff’s Accountant Didn’t Do Audits?
Here’s a picture of the accountant’s office. Suite 3. Accounting, Taxation and Financial Services … hmmm. Taped to the window … it says they “E-File”. Classy digs!
Apparently, the accountants were telling the AICPA for 15 years that they didn’t do audits.
The AICPA has since kicked him out.
Nice due diligence on the part of any financial firm that had any dealing with Madoff at all. How the heck could you accept an audit opinion for a multi-billion dollar firm coming from a place like this?