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The media and entertainment giant VerSe, which operates DailyHunt
and Josh and was last valued at $5 Bn in April 2022, is under fire after Deloitte flagged lapses in its internal financial control.
Deloitte’s Findings: According to the auditor, VerSe lacked robust controls in the selection of vendors, approval of purchase orders, and payment processing. Deloitte highlighted that it could have potentially made way for wrong payments, overpayments, or even…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The media and entertainment giant VerSe, which operates DailyHunt and Josh and was last valued at $5 Bn in April 2022, is under fire after Deloitte flagged lapses in its internal financial control.
Deloitte’s Findings: According to the auditor, VerSe lacked robust controls in the selection of vendors, approval of purchase orders, and payment processing. Deloitte highlighted that it could have potentially made way for wrong payments, overpayments, or even…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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