Barrett-Jackson Voluntarily Asks for Outside Audit
Posted by Justin Berkowitz
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In an effort to establish 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 imitation bidders.
Filed in StraightLine
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