Accounting giant Deloitte & Touche will pay a $2 million penalty to settle civil charges that it allowed a suspended auditor to continue working in the firm's public company audit practice, the U.S. audit watchdog said Tuesday. The Public Company Accounting Oversight Board, the body that polices auditors, said the fine matches a record penalty imposed by the board in another disciplinary matter. Previously, the PCAOB in 2008 took disciplinary action against individual auditor, Christopher Anderson, who settled the case and agreed to pay a $25,000 fine and accept a one-year suspension from the industry. [Reuters]
Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.
Remember those Bud Light Real American Heroes/Real Men of Genius TV and radio ads that were popular 20 years ago? You know, the ones that featured Survivor lead singer Dave Bickler and saluted such folks as “Mr. Giant Foam Finger Maker,” “Mr. Footlong Hot Dog Inventor,” and “Mr. Male Football Cheerleader”? My favorite one was […]
Over the years, we’ve shared countless firm farewells with you. From viral rants about Beyonce and fake auditors to sappy, totally unnecessary prose about how much they’ll miss the firm, farewell emails are as varied as the soon-to-be-former grunts who write them. Sometimes, they’re just awful, like the tax associate who wrote this actual garbage […]
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.