In an effort to prove that it's not some shady operation that wheels and deals behind the scenes, the Barrett-Jackson auction house decided to subject itself to an independent audit from accounting firm Deloitte and Touche.
Guess what? D and T found no irregularities, no questionable conduct and nothing that would otherwise raise questions about whether cars at B-J auctions are in any way manipulated on the block.
The report was ordered in part because some other automotive auction houses have been accused of shady practices like not paying off consignors on time and artificially boosting auctions with fake bidders.
brn says:
04:13 PM, 10/27/09
Anyone ever run an SMB? Outside audits are conducted on a regular basis.