jasiyajuhi56856 Niebiański morświn
Dołączył: 06 Mar 2024 Posty: 1
|
Wysłany: Sro Mar 06, 2024 10:42 Temat postu: The auditors do not trust football accounts. KPMG, PwC |
|
|
The country's major auditors (Deloitte, KPMG, PwC...) do not want to hear about certifying the accounts of Spanish football clubs. They give up checking their numbers. They fear finding themselves with suspicious commissions, salaries that are difficult to justify and falsified balance sheets, and that all of this could involve them in controversy. The Treasury managed the deadlines of the Messi case so as not to destabilize the Football League. Ronaldo, Kaká, Benzema... will have different treatment because they are not residents of Spain Confidencial Digital has confirmed with private auditors , who have a working relationship with these important international firms, the strong reservations that exist in the sector regarding the accounts of Spanish football clubs . The lack of rigor of these entities in the financial aspect causes serious suspicion among large firms, which do not trust existing accounting. Club accounts are suspicious The sources to which ECD has had access explain that “ the management of Spanish football has been disastrous .
The money has been diffused in exorbitant and often unnecessary transfers, and more than suspicious commissions can be found . They also highlight that the Treasury and the regional and local administrations have shown for years a surprisingly wide range when it comes to renegotiating the clubs' debts: not executing Middle East Mobile Number List when they do not pay and deferring payments indefinitely. The auditors - they add - try to avoid reviews that could involve them in controversy , for fear that it will affect their credibility. And that is one of the main reasons why they prefer to stay away from football accounts and refuse to audit the clubs. Since when the bankruptcy law came into force, 19 of the 42 clubs that compete in the First and Second Division have gone through bankruptcy. The list would be broader if those who have already been relegated to Second B were added .
They don't want legal problems Another argument that the sector uses, to renounce certifying the accounts of football clubs, is the possibility of having to respond to Justice if they sign a document endorsing an internal audit, when, in addition, there are open judicial procedures. An example they cite of this case is that of Deloitte in Bankia : the auditor will have to respond to the National Court for the entity's accounts after its nationalization last year. In this sense, the four firms also remember a precedent, that of the North American auditor Arthur Andersen : “In 2002 it was forced to close, for having guaranteed the accounts of the electrical company Enron, one of the most prestigious in the United States, which went bankrupt.” The auditor “received government pressure to make a positive report, and, when fraud was discovered in the electric company, the authors of that audit were the first cited by the judge . _________________ Middle East Mobile Number List |
|