As Financial Times originally reported and we covered in early 2024, Grant Thornton UK got […]
Category: Audit
Congratulations to This Tiny 673-Person Town on Earning a Spot in Future Fraud Training Slides
Wow, we haven’t seen crazy unauthorized city spending like this since Rita Crundwell, except instead […]
Note to PwC Partners: Don’t Tell Reporters You Plan to Divorce Your Wife to Hide Assets After an Audit Scandal
Welp there goes at least one PwC partner’s plan to divorce his spouse to protect […]
The One Firm Willing to Audit Madison County’s Books Just Said “On Second Thought, Hell Nah”
All across the country, municipalities are scrambling to catch up on late audits that have […]
FRC To Determine Whether Missing a £30 Million Overstatement Was, In Fact, Bad Auditing
The Financial Reporting Council announced today that they’re officially investigating PwC UK’s 2024 audit of […]
The Department of War Broke Up with KPMG, KPMG Gives Up Federal Audits Altogether (UPDATED)
This post was originally published on April 29, 2026 and updated on June 3, 2026. […]
Starbucks Kills Off Its Automated Counting AI Tool After Just 9 Months Because It Sucked at Counting Beans
While people outside of the accounting profession continue to smugly insist that accountants will be […]
KPMG Plans to Hand Routine Testing Off to AI
Did you happen to see this WSJ article from the other day? In “In This […]
Layoff Watch ’26: The King’s KPMG Kindly Asks 600 Auditors to GTFO
We covered this story in yesterday’s Monday Morning Accounting News Brief but it’s significant enough […]
ICYMI: 40-Year EY Veteran Picked to Chair the PCAOB
Goodbye George Botic, hello Demetrios (Jim) Logothetis. On Friday, the SEC announced a new crew […]
Eight Years After Carillion Went Tits Up, Audit Reform is Dead
In 2023, KPMG took a £3.5 million fine from UK audit regulators at the Financial […]
Audit Firm Runs Afoul of PCAOB Rules By Taking Same As Last Year Way Too Literally
Today in PCAOB enforcements we have a fresh case involving Southfield, Michigan firm Zwick CPA, […]