Please ensure Javascript is enabled for purposes of website accessibility
November 26, 2022

Accounting News Roundup: Global Audit Problems; Ignoring the Golden Rule at Work; Unfair Tax Code Is YOUR Fault | 03.04.15

Almost Half of Global Audits Have Problems [CFOJ]
The International Forum of Independent Audit Regulators reviewed 950 audits from 29 countries.

PwC retains FTSE 100 audit lead as KPMG climbs 250 rankings [Accountancy Age]
PwC and KPMG audit 64 of the FTSE 100. 

When Not to Treat a Colleague as You’d Want to Be Treated [HBR]
When you're a rabbit and your colleague is a guinea pig. "Since a rabbit’s basic assumption is that they are like anyone else, they never fully understand how guinea pigs think. It’s a huge blind spot. They under-estimate how much a guinea pig looks up to them and expects of them. They usually get into trouble with guinea pigs when they try to end or question relationships, or strike out more independently, or start to shine too brightly on their own."  

Senate Report Blames Tax Pros for Unfair Tax Code [AT]
This type of stuff will get some of the crustier partners upset.

Clients wouldn't appreciate this.

Corporate Officer Awarded Whistleblower Payout [CFO]
A CFO received a payout between $475,000 and $575,000 after reporting securities fraud that wasn't being properly addressed by the company's internal compliance system. Normally, a person isn't eligible for an award when (s)he hears about it from another, however, the SEC makes an exception after knowledge is possessed by "responsible compliance personnel" who doesn't take appropriate action after 120 days.

Do You Use Chopsticks Correctly? Are You Sure? [Kotaku]
Probably not.

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

woman working on a laptop with a dog beside her

Monday Morning Accounting News Brief: The Leadership Void; KPMG Gets Fined (Again); PwC Ups Leave | 10.3.22

Deloitte launches Global Sustainability & Climate learning program that aims to enhance skills and capabilities of Deloitte people to help address a global societal challenge. Dubai’s financial regulator has provisionally fined KPMG and one of its former partners $2 million over the firm’s auditing of Abraaj, the emerging markets private equity group that collapsed in […]

a woman enjoying a coffee while she reads accounting news with her dog

Monday Morning Accounting News Brief: KPMG Drama; MBA Beats CPA?; ISO: Managers and Senior Managers | 9.26.22

Why is the Ontario Securities Commission examining Canadian audit firm ethics? Spurred by some critical comments, EY UK chair and managing partner Hywel Ball shares his opinion on the EY split: “Audit quality is going to be better.” KPMG and Deloitte alumni are doing some startup automation stuff. KPMG UAE is still working out some […]