One possible alternative title for Accounting Today's "scorecard for new SEC audit clients" would be "Jesus, PwC and Deloitte Lost a Lot of Audit Clients Last Year." I'll go out on a limb and say that it probably didn't even make the short list.
If you don't know who Slayer is, then ask your immediate supervisor's immediate supervisor's immediate supervisor's immediate supervisor.
Just when you thought Deloitte's China rash had gone into remission, some investors come along who don't think too highly of the audit performed by D to the T.
It's just England, but we'll take it.
"Where'd Johnson go?"
Remember how Deloitte's AICPA Peer Review finding of "pass with deficiency" was one of the lowliest of low points for the year in auditing? Sure you do.
We'll get through this together.
Much like the flu, it's far too early to say how bad this busy season will be. But this doesn't sound good:
But everybody was doing it!