Remember two years ago when we started hearing about smaller-but-not-small firms getting out of the […]
Category: Audit
The King’s BDO Eats a Nearly £6 Million Fine For Letting a Senior Manager Run Buck Wild
The Financial Reporting Council announced today that BDO across the pond has been hit with […]
Layoff Watch ’25: KPMG Lets Go of 195 People in Audit
Bloomberg reported yesterday that KPMG has once again let a batch of people go, this […]
Erica Williams Bids Adieu to the PCAOB
Announced yesterday, PCAOB Chair Erica Y. Williams, who just got appointed to a second five-year […]
Researchers Determine That Big 4 Audit Partners Not Named Michael or Jennifer Are More Likely to Bend the Rules
Here at Going Concern we love academic research, even the kind that makes your eyes […]
EY Gets Caught Up in Independence Violations Because Audit Partner Rotation Is For Chumps
We think this was first spotted by Financial Times so h/t to them. Gigantic UK-based […]
Layoff Watch ’25: The King’s PwC Shows Some Auditors the Door
Reported by Financial Times, PwC UK is cutting about 175 audit associates from the roster […]
The PCAOB Made a Triple Sweep of Big 4 Cheaters in the Netherlands
To date, the largest fine levied by the PCAOB against a registered audit firm was […]
More Than Half of Audit Firm Partners Say They’re Seeing Headcount Reductions in Their Industry Niche
Center For Audit Quality, the Kool-aid distributors responsible for the Accounting+ initiative that should not […]
The King’s PwC Earns a Hefty Fine For a 2019 Bank Audit
Feels like it’s been a while since we’ve written up a serious audit failure fine […]
Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were Using
The other day the PCAOB proudly announced that it was punishing several members of KPMG’s […]
Pussies at the PCAOB Have Backed Down on Firm Metrics Rules
In November, the PCAOB approved new rules that would require firms to report various metrics: […]