All across the country, municipalities are scrambling to catch up on late audits that have […]
Category: Audit
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, […]
Fewer Auditors in the Game, Perfectly Fine Audits? Sure, Why Not
Remember two years ago when we started hearing about smaller-but-not-small firms getting out of the […]
The King’s BDO Eats a Nearly £6 Million Fine For Letting a Senior Manager Run Buck Wild
The Financial Reporting Council announced today that BDO across the pond has been hit with […]
Layoff Watch ’25: KPMG Lets Go of 195 People in Audit
Bloomberg reported yesterday that KPMG has once again let a batch of people go, this […]