Mazars dumped the Trump Organization after years of legal wrangling over its tax returns and is now parting ways with the beleaguered crypto industry.
The French accounting firm Mazars Group has turned up in the news quite a bit lately, but it hasn’t been due to their reputation as venerable number crunchers. Instead, Mazars has increasingly been known for its controversial clients.
Mazars’ U.S. arm made headlines earlier this year when it dropped former President Donald Trump and his companies as clients after years of legal battles over his tax returns. Mazers said it could no longer vouch for the reliability of the numbers those tax returns and financial documents contained. While it still falls some ways behind the “Big Four” accounting firms — Ernst & Young, PricewaterhouseCoopers, KPMG and Deloitte — it counts some major companies as clients. Over the years, it has provided accounting services to finance giants like Axa AXA , BNP Paribas BNP and Goldman Sachs GS , carmaker Peugeot, and advertising firm Publicis PUB .
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Organization quietly held in contempt during secret trial last yearFormer President Donald Trump's business empire was quietly held in contempt last year following a secret trial, recently unsealed court documents revealed.
Read more »
Steve Bannon facing same judge who presided over Trump Organization trialBannon accused the district attorney of a politics-driven prosecution; the judge barred the Trump Organization from making that argument.
Read more »
Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients.MazarsGroup, the auditing firm working with Binance and other crypto exchanges on proof-of-reserves statements, has paused all work for crypto clients. By JamieCrawleyCD
Read more »
Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures DropBitcoin outperformed ether and BNB token as MazarsGroup's decision to suspend crypto audit work and binance fears weighed over the crypto market. Reports godbole17
Read more »
Stock Market News Today: Dow Drops 100 Points; Mazars Pauses Crypto WorkThe Dow fell more than 200 points in early trading, as markets look set to close a bumpy week on a negative note
Read more »