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November 28, 2022

Accounting News Roundup: SEC Bickering; More on KPMG’s Role in FIFA Scandal; Smelly Co-workers | 06.04.15

Ed. note: I'm attending Xerocon in Denver so expect sparse posting again today. If you see news that is worth mentioning, email us or throw up a discussion in Open Items. Back to full speed tomorrow. 

SEC Bickering Stalls Mary Jo White’s Agenda [WSJ]
And this level of dissent unusual: " 'Historically, you have rarely had the kind of fractures among commissioners you are seeing now,' said former SEC enforcement director William McLucas, a partner at Wilmer Cutler Pickering Hale and Dorr LLP."

FA chairman questions KPMG's audit role in FIFA corruption scandal [Accountancy Age]
Uh oh: "FA Chairman Greg Dyke has expressed delight at the resignation of FIFA president Sepp Blatter and called for a full scale investigation into the "cloud of corruption" surrounding football's governing body and questioned the role of its auditors KPMG Switzerland."

John Lewis ditches PwC as auditor in favour of KPMG [The Guardian]
This is third major retailer in the UK — after Tesco and Sainsbury's — to replace PwC as their auditor.

My coworker smells terrible. [r/accounting]
Probably a leftover busy season problem.

Superwolves, new butterflies, and all the hybrid species evolving before our eyes [Quartz]
Winter is coming.

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