The Financial Reporting Council (FRC) released its 2021 inspection reports today, which include BDO, Deloitte, […]
Tag: FRC
U.K. Inspection Reports Reveal That Grant Thornton Can’t Audit Its Way Out of a Paper Bag
Here’s some good news for the 300 new auditors Grant Thornton in the U.K. is […]
KPMG Doesn’t Think It Should Have to Pay a $16 Million Fine For Screwing Up BNY Mellon Compliance Reports
Our favorite four-letter Big 4 firm is in danger of having to pay an eight-digit […]
U.K.’s Audit Regulator Wants to Find Out Exactly Why KPMG Is Such a Hot F*cking Mess
From the Wall Street Journal: The U.K. watchdog for accounting and audit on Tuesday launched […]
Financial Reporting Council’s Skipper Is Jumping Ship
Stephen Haddrill, beleaguered chief executive of the Financial Reporting Council, the audit regulator in the […]
BNY Mellon Client Asset Reports Were Seriously Bungled by KPMG, U.K. Watchdog Says
Oh jeez, KPMG U.K. is in trouble again with the Financial Reporting Council. Per Reuters: […]
FRC Didn’t Want Grant Thornton U.K. to Feel Left Out of All the Disciplinary Fun
The Big 4 firms in the U.K. have been the target of repeated tongue-lashings from […]
Stop Me If You’ve Heard This One Before: FRC Reprimands KPMG U.K. for Crappy Audit
When it comes to the Financial Reporting Council and KPMG audits, it must be like […]
U.K. Watchdog Blasts PwC for ‘Incomplete, Inaccurate, and Misleading’ Audit of BHS
In a leaked Financial Reporting Council report, the U.K’s accounting watchdog hammered PwC for bungling […]
Changing the Big Audit Model: Where Might the Regulators Go?
In the Federal Deposit Insurance Corp.’s litigation against PwC over its audits of the failed […]
Slim Pickings For SIG, as It Settles on EY as New Auditor
While the U.K.’s Financial Reporting Council investigates Deloitte’s 2015 and 2016 audits of SIG, the […]
Does the ‘P’ in KPMG Stand For ‘Probes?’
Because we have two new probes into KPMG to tell you about. First, two weeks […]