Monday marks the first day of summer so I suppose we should salute the young men and women who will invade accounting firms for the next couple of months.
One of the topics that we occasionally discuss around here is the Big 4 expanding into professional service areas that you wouldn't expect for an accounting firm.
Sometimes I get the impression that the Big 4 don’t fully appreciate what the PCAOB’s supposed to do as a regulator.
This is amazing. The head of EY Law Global Leader Cornelius Grossman is saying -- with a straight face, presumably -- that firms like his won't pose a threat to law firms.
Can we agree and move on?
Mainly because they can't, legally.
What exactly do you think "settlement" means?
Oooh, that $500,000 is *really* going to hurt. Not.
According to the firms, that is.