Dr. Steven A. Solieri writes in this Accounting Today article about the lessons auditors can learn from the Peregrine scandal. He specifically points out a number of warning signs that were identified at PFGBest including quesionable confirmations. He also highlights the weaknesses of paper-based confirmations and how an electronic confirmation process delivers the confirmation request to the proper responding party.

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Brian Fox, Founder and Chief Marketing Officer of Confirmation.com, appears on Fox Business to discuss the PFGBest scandal.