August 13, 2022

Accounting News Roundup: Deloitte Consulting’s First Female CEO; Vatican Blesses PwC; Multitasking on Conference Calls | 12.07.15

Deloitte Consulting names Janet Foutty CEO [CT]
Foutty becomes the first female CEO at Deloitte Consulting. She has been at Deloitte for 25 years, most recently leading the Federal Services practice and prior to that, the technology practice. She replaces Jim Moffat who is becoming the firm's global consulting business leader.

Toshiba Accounting Scandal Draws Record Fine From Regulators [WSJ]
The $60 million fine is 4 times larger than the previous record levied at IHI Corp. in 2008.

Vatican appoints PwC for first international standards audit [FT]
Cool Pope wades deeper into accountability by giving the PwC the honor of the Vatican's "first audit based on international accounting standards." The engagement will start "immediately" and is seen as:

pivotal because it appears to have a more sweeping mandate to audit all of the Holy See’s finances, which could encompass areas outside the Vatican bank — including its vast real estate assets, which have so far been untouched by the financial reforms.

Who knows what this level of scrutiny into the Catholic Church's books could mean other than a boring new book from Dan Brown.

In other news:

Image: Deloitte/PRNewswire

Latest Accounting Jobs--Apply Now:

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.

Comments are closed.

Related articles

Monday Morning Accounting News Brief: PwC Gets Fined; Big 4: What’s the Scam?; The IRS Straps Up | 8.8.22

Across the pond, PwC has been fined $2.12 million after the firm failed to properly challenge UK telecom group BT once a half-a-billion pound fraud was discovered in BT’s Italian operations: “The sanctions imposed in this case, where certain elements of the adjustments following a fraud were not subject to the required level of professional […]