Thinking about leaving public accounting? You are not alone. With burnout and attrition at an […]
Tag: liars
Don’t Cut CEO Pay For Bad Performance or the CEO Might Cheat
Slashing a CEO’s compensation after a company produces disappointing financial results may help improve earnings […]
Ex-BDO CEO Wins New Trial Because One of the Jurors Lied About Being a Drunk, Shoplifting Shellfish, Everything
Former BDO CEO and wolfpack leader Denis Field has won a new trial on charges of tax […]
Navistar Says Deloitte Sucks at Auditing; Deloitte Not Amused
Last week Navistar International Corp. sued Deloitte for $500 million alleging “fraud, fraudulent concealment, breach of contract and malpractice” on audits from 2002 to 2005. That, in and of itself, isn’t too unusual. What is pretty fun (not fun in a “man, the circus is fun” kind of way but in “you’ve gotta love this stuff” kind of way) is when a company comes right out and says that Deloitte lied about its competency to provide audit services.