Fuji Xerox’s ‘culture of concealment’ hampered auditing – report
Fabricated audit evidence was submitted and false explanations at odds with fact were given to the accounting auditor.
Duncan Bridgeman Fri, 04 Aug 2017
Fuji Xerox developed a “culture of concealment” that hid key risk information from independent auditors and the top global executive, a fully translated investigation report reveals.
A committee of lawyers and accounting specialists hired by Fuji’s Japanese parent company concluded managers at