Skip to content
Tuesday, June 9, 2026
Going Concern

When accounting goes unaccounted for

  • News
  • Big 4
    • Deloitte
    • EY
    • KPMG
    • PwC
  • Salaries
    • Latest Salary Articles
    • 2024 Accounting Salary Projections
    • 2023 Accounting Salary Projections
  • CPA Exam
    • 2024 CPA Exam Changes
  • Career
    • Remote Work
    • Career Advice
  • Jobs
  • Leadership
  • Advertise
  • Resources
    • Contact Us

But What if the Auditors Were Fools?

Posted on December 21, 2010 by Caleb Newquist

“Could Ernst & Young have done a better job? Maybe, but claiming they could have done a better job doesn’t necessarily make them liable. Even the best of auditors can be fooled.”

~ Anthony Sabino, professor of law and business at St. John’s University

Posted in EY, Quote of the DayTagged Ernst & Young, Lehman Brothers

Post navigation

Previous: Here’s a Visual: A 64 Year-old Accountant in Bed, Naked, with a Madame, Surrounded by Cash
Next: Accounting News Roundup: KPMG’s Hiring Spree; PCAOB Issues Audit Practice Alert No. 7; Groupon Names Amazon Exec as CFO| 12.21.10

Related Posts

a poorly photoshopped image of EY Global Chair Carmine Di Sibio as a king
  • EY
  • News

Carmine Di Sibio Will Be King of Advisory If EY Splits

  • Going Concern News Desk
  • December 15, 2022

It was 1985 when Italian-born Carmine Di Sibio joined EY as an auditor, 34 years […]

EY logo on exterior of building
  • EY

Ex-EY CEO Mark Weinberger Is Keeping His Plate Full

  • Jason Bramwell
  • February 25, 2020

While perusing the interwebs last night, I saw that our favorite Kenny Powers lookalike, former […]

green light with an arrow
  • EY
  • News

Sounds Like the EY Split is Going Forward Whether Partners Want It to Or Not

  • Going Concern News Desk
  • December 8, 2022

EY Global Managing Partner Andy Baldwin was on a Reuters Breakingviews podcast recently and in […]

Accounting Jobs

The next generation of accounting jobs.

Accountingfly connects you with remote accounting jobs in the public and private sectors.

Visit accountingfly.com to find a remote job or to hire remote talent.

  • Remote Tax Manager

    Remote
    • Posted 1 day ago
  • Remote Tax Advisor, CPA Firm

    Remote
    • Posted 1 week ago
  • Remote Tax Manager

    Remote
    • Posted 1 week ago
  • Senior Accountant / Client Account Manager (CAS & Tax)

    Remote
    • Posted 1 week ago
  • Staff Accountant

    Remote
    • Posted 1 week ago
Load more listings

See all jobs>>

 

Useful Links

  • Jobs
  • Career Advice
  • Terms of Use
  • Contact Us
  • Submission Policies and Guidelines
  • Going Concern Community Guidelines
  • Privacy Policy
  • Cookie Policy

Jobs

  • Remote Tax Manager

    • Remote
  • Remote Tax Advisor, CPA Firm

    • Remote
  • Remote Tax Manager

    • Remote

Jobs

  • Remote Tax Manager

    • Remote
  • Remote Tax Advisor, CPA Firm

    • Remote
  • Remote Tax Manager

    • Remote

Career Advice

a cat looking quite mad

Daily Wire is Pissed Off About a PwC Career Program That Excludes White and Asian Candidates

  • Adrienne Gonzalez
  • February 7, 2025

Although this should have been on their radar already because PwC got sued by America First Legal over it two years ago, conservative muckraking site Daily Wire has just now…

guy giving double middle fingers

The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

woman with glasses being interviewed for a job

Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

Advertise

  • Media Kit
  • Contact Us

Follow Us

DMCA.com Protection Status
Copyright © 2026 Going Concern

Before you go!

Are you Looking for a fresh accounting career opportunity?

Going Concern now has thousands of open accounting jobs.

Take a look – click here!