Description: Dieselgate, the emissions scandal associated with Volkwagen since 2015, hit Canadian news again this past week. A judge imposed $196.5 million in fines on the German car maker, punishing Volkswagen for importing cars that didn’t comply with Canadian emission regulations. This huge fine is the largest environmental fine ever imposed in Canada.
Date: January 22, 2020
1) Have you heard of Dieselgate? What do you think of this large fine?
2) Do you know anyone who owned a Volkswagen vehicle with these emission problems? How were they impacted?
3) In Wiley’s Auditing: A Practical Approach, we see how important it is for auditors to understand the organizations they are auditing in order to assess risk. If you were on the audit team of Volkswagen, how might the whole Dieselgate problem impact your assessment of risk?