As mentioned in today’s Monday Morning Accounting News Brief and first spotted on Canadian Accountant, […]
Tag: Independence
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 […]
Kill the Audit Industry, Says Ex-Auditor
In the WaPo opinion pages yesterday one Duncan Mavin, who got his start in the […]
Did the SEC’s Acting Chief Accountant Have EY in Mind When He Wrote This?
The Australian Financial Review reported today that EY had hoped to temporarily share the EY […]
Here’s the Deck EY Put Together to Sell the Audit/Consulting Split to Staff
Australian Financial Review has published slides shown to EY staff in a July global webcast […]
EY Is Leaving $10 Billion in Consulting Fees On the Table If It Doesn’t Split, Says Global Chairman Carmine Di Sibio
In comments to Financial Times, EY Global Chairman and CEO Carmine Di Sibio says splitting […]
Big 4 Conflicts of Interest Are in Regulators’ Crosshairs, EY Tops the Independence Naughty List
There’s a story in the New York Times today about how EY “devised an elaborate […]
Robot Auditors Won’t Have a Problem Giving Clients Bad News
Here’s something that won’t surprise anyone: A study from the University of Missouri found that […]
PwC Is in the Midst of a Independence Quagmire
Independence: its complicated. Except it isn’t, really. Audits firms are conflicted because they’re paid by the organizations who they’re supposed to be independent of audit clients. Most people, I think, know this yet choose to ignore it. Fine.
Accounting Firms Allowing Side Gigs: Good Idea or Independence Mine Field?
These days, you hear more and more about people juggling multiple projects at once. You […]
PCAOB Member Wants a Closer Look at Tax Services and Auditor Independence
Last week the PCAOB approved its 2016 budget and also its "strategic plan" through 2019. […]