It is the job of an auditor to audit regardless of the company situation. It's hard to imagine an established auditor can choose to fire itself ahead of a professional audit job well done. It's like a doctor who chooses to treat patients with simple ailments or an insurer who chooses to not insure certain group of people but only super healthy ones, or a lawyer who refuses to represent someone who is less than perfect or  worst a judge who chooses not to uphold justice because it is going to be excruciating extremely complex case to rule. Ultimately, can an auditor walk away from it's duty by choosing a good company to audit and called that professional judgement? Has corporate professionalism deteriorated till it is hard to believe such a move by EY is anywhere close to a "professional judgement".

Super Micro Computer: Time And Patience Are Running Thin (Rating Downgrade)

SummarySuper Micro faces renewed concerns over its corporate governance framework as EY resigned as its auditor.The auditor highlighted that it was "unwilling to be associated with the financial statements prepared by management."SMCI will report its Q1FY2025 business update on November 5. I expect it to be an intense session.Investors and analysts have bailed out, as SMCI crashed more than 30% yesterday. Since its March 2024 peak, the stock is down nearly 75%.I highlight why the time and patien
Super Micro Computer: Time And Patience Are Running Thin (Rating Downgrade)

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