Exclusive | BDO’s First Brands Audit Painted Healthy Picture Months Before Collapse

The auditor of beleaguered auto-parts giant First Brands signed off on its financials this year months before the emergence of an accounting scandal that sent the company into bankruptcy and triggered a criminal investigation. 

Documents that have emerged following First Brands’ collapse show substantial discrepancies between the financial information that BDO USA validated and the financial picture that is now coming into focus.