August 21, 2018

McGladrey, Grant Thornton, BDO Will Break into Big 4 By 2019, Says Guy on Twitter

People say a lot of crazy things on Twitter. I know I have. But this guy just said the craziest:

People say a lot of crazy things on Twitter. I know I have. But this guy just said the craziest:


OK so let's ignore the fact that it's called the Big 4 for a reason (as in, you don't have to be an accountant to understand that the "4" represents four firms). Meaning even if this dude were onto something (which he clearly isn't), it would mean 3 firms would have to be vaporized off the face of the planet by some devastating Act of GAAP for this to happen. Yeah, over Ken Lay's dead body.

Even Grant Thornton was like "say what now, bro?"


Perhaps GT didn't get the memo that auditor rotation is off the PCAOB's extended to do list.

Despite the PCAOB's disinterest in forcing auditor rotation for the foreseeable future, Mr Wang (*giggle*) thinks auditor rotation will play a big role:

Yeah OK, bro, whatever you say.

 

Related articles

Grant Thornton and the Antichrist

al pacino_devil.jpgIt’s rather mysterious that the New York office of Grant Thornton is located at 666 Third Ave. As I’m sure our more pious readers know, the significance of the 666 is commonly known as “The Number of the Beast“. We won’t get into any more specifics than that other than to mention that it is a pretty creepy-ass looking number.
Is G to the T run by a secret group of Al Pacino-esque figures that are working against the forces of good?
Maybe not but the otherwise boring-assness of that particular lobby is def working too hard to not be noticed…

Jeremy Newman Just Wants to Be Clear, We are NOT Declaring Victory Over Banco Espirito…YET

BDO_International.pngAfter throwing an all night rager last week when BDO International Global Coordination skated on the $521M verdict, Jeremy Newman, BDO Boss, wants everybody to chill.

Newman said he had always been confident that BDO International’s arms-length approach would be proved but added: ‘There is still the risk of a further appeal, as well as the appeal by the US firm.’

See? Staying cool. Not out of the woods yet. But when we beat those bastards on appeal, then we are getting down.

Newman stays cool after BDO victory
[Accountancy Age]