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December 5, 2022

Accounting News Roundup: Internal Auditing, Anyone?; KPMG’s BNY Work; Baker Tilly Goes Shopping | 06.23.15

CFOs Attempt to Rally Risk Busters [CFOJ]
Internal auditors are still in demand, but there's a shortage of them: "The job has become 'a very key role,' said Dan Fairfax, chief financial officer of Brocade Communications Systems Inc., which last year completed a six-month search for a new internal-audit chief. A competitor poached the previous one last year, which Mr. Fairfax says is a sign of increasing demand for executives who can mount proper responses to potential business risks."

Accounting watchdog probes KPMG over BNY Mellon compliance [Reuters]
The UK's Financial Reporting Council "has opened an investigation into how accounting firm KPMG [KPMG.UL] made sure that Bank of New York Mellon complied with rules on keeping customer money safe."

Chicago accounting firm expands again [CBJ]
Baker Tilly has acquired Global Development Partners, a firm that specializes in Latin America.

Deloitte Names New Global Chairman [AT]
David Cruickshank succeeds Steve Almond.

Ex-Fed chief: Keep Alexander Hamilton on $10 bill [NYP]
Ben Bernanke believes a woman should replace Andrew Jackson on the twenty.

Don't Be Afraid to Interrupt, If You Know What You're Talking About [Lifehacker]
Sensible advice from Madeleine Albright: "[Y]ou listen differently if you think you’re going to interrupt. Because, frankly, there are some people who talk too much."


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