July 15, 2018

independence of lack thereof

Why Is Everyone So Tight-Lipped on the Ventas EY Audit Partner Situation?

As we found out recently, the engagement partner at EY was (probably, allegedly) banging the (now former) Chief Accounting Officer and Controller at the client (Ventas). Well, we don't know if they were necessarily getting it on at the client's but you get the idea. Due to that "inappropriate personal relationship," Ventas fired EY — […]

Ex-Deloitte Chief Risk Officer Learns Not to Gamble with Independence the Hard Way

As everyone who is anyone knows, it's important to maintain independence in both fact and appearance. James T. Adams — once Chief Risk Officer at Deloitte's San Francisco office — was reminded of that part of CPA Ethics 101 today when the Securities and Exchange Commission charged him for causing violations of the auditor independence […]

This PwC Quote Regarding Caterpillar’s Tax Dodging Will Make You Outraged

“What the heck. We’ll all be retired when this audit comes up on audit.”