Do you guys remember the Deloitte auditors in Canada who were busted changing the clocks […]
Category: Audit
The PCAOB Racks Up Its Fourth Enforcement Against a Chinese Affiliate With This KPMG China Order
Announced today, the PCAOB has sanctioned three partners of KPMG China for various violations of […]
KPMG UK Going For a FRC Penalty High Score Again This Year
Announced Monday, the Financial Reporting Council (FRC) has fined the King’s KPMG £2,250,000 ($2.9 million […]
EY Gave a Hilarious Excuse For Walking Away From This Awful Municipal Audit Client
Across the pond, EY is earning headlines for its abandoning the Wokingham Borough Council, a […]
EY Gives the Marine Corps the Thing Grant Thornton Couldn’t
Save your crayon-counting jokes for the comments. As you may have heard, the United States […]
Shout-Out This Person Whose Jumping Ship Made It Into EY’s PCAOB Inspection Report
As mentioned in today’s Monday Morning Accounting News Brief and first spotted on Canadian Accountant, […]
Withum Gets Marcum’d By the PCAOB
The Public Company Accounting Oversight Board (PCAOB) announced today it sanctioned WithumSmith+Brown for violations of […]
Why Are EY Clients So Stupid Sexy?
TLDR: Boning clients and/or treating them to too many football games is an independence violation […]
PwC Admits the Next PCAOB Inspection Report Won’t Be Great
In an audit quality report released last week [PDF], the once flawless PwC admits its […]
AI Probably Won’t Be Taking Over All the Inventory Counts Any Time Soon
In the working paper “Beyond AI Exposure: Which Tasks are Cost-Effective to Automate with Computer […]
SEC Sues Marcum Partner Who Thinks Reviewing the Engagement Team’s Work Is For Chumps
The ghost of SPAC past continues to haunt Marcum, this time it’s administrative and cease-and-desist […]
Grant Thornton Gets Downgraded to a Tier 2 Firm, That’s Probably a Good Thing
In September we were tipped to a developing situation at US mid-tier audit firms in […]