Big 4 auditors

Can the Big 4 Survive the U.K. Regulators?

Ed. note: Jim Peterson, a 19-year veteran of Arthur Andersen’s internal legal group, has been writing since 2002 about the issues and challenges confronting the Big Audit model, including as an occasional guest here. Since last winter, Jim has been covering the intense public criticism in the U.K. of the performance and business model of […]

No Auditor Swapping For International Olympic Committee

The IOC announced today that it will keep rolling with P. Dubs. The International Olympic Committee (IOC) has reappointed PricewaterhouseCoopers (PwC), the international professional services firm, as its external auditor for a six-year term. Pierre-Olivier Beckers-Vieujant, the IOC’s audit committee chair, told members that the six-year appointment, which followed an auditor selection process that began […]

questions kpmg pcaob conspiracy

A Running List of Unanswered Questions About the KPMG Audit Inspection Conspiracy

Updates appear below If we learned anything from yesterday’s indictment of six accountants — five of whom were employed by KPMG — it’s that there are even more questions that remain unanswered. Some of these questions are simple and some of them are complicated, but it seems worth the time to list them here. Is […]

pcaob inspection report pwc ey 2016

PCAOB Inspection Reports Are Practically Beach Reads Now

Over the years, people have complained — myself included — that PCAOB inspection reports were not exactly useful documents. Sixty-odd pages of audit and legalese don’t exactly make for riveting content. However! In the new EY and PwC inspection reports that were released today, you’ll note executive summaries that list tables for the “Effects of […]

Footnotes: ‘This Tweet does not constitute an offer of any securities for sale.’; IRS Nominee Gonna Get Grilled; The End of Estate Tax Planning? | 09.12.13

Siegfried Group is looking for Client Service Directors in Washington, DC, Chicago, and San Francisco. [GCJ] We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale. — Twitter (@twitter) September 12, 2013  Hatch: IRS nominee has 'great many questions' to answer  [The […]