Today in Auditors Not Doing Their Jobs, the SEC has charged RSM, three senior-level employees […]
Category: Audit
The Talent Shortage Has Gotten So Bad Clients Are Now Doing Their Own Audit Documentation
The Securities and Exchange Commission has charged Deloitte China with failing to comply with fundamental […]
Warning to Auditors: The PCAOB Is Coming For Dat Ass
PCAOB Chair Erica Williams had some strong words for guardians of capital markets in remarks […]
EY UK Chair Insists Audit Will Not Be the Red-Headed Stepchild of Professional Services if the Split Goes Forward
For years, audit has struggled to attract talent and especially leadership because let’s be honest, […]
SEC Fines Friedman For Piss-Poor Auditing So They Remember to Exercise Professional Skepticism Next Time
Last week the Securities and Exchange Commission charged Friedman LLP with with improper professional conduct […]
Idiot Who Backdated Work Papers Will Never Work in This Town Again
The PCAOB is busy sniffing out poor audit behavior to remind everyone to be on […]
Some Folks at EY Spent Labor Day Working Out the Details of the Audit/Consulting Split
The Wall Street Journal is reporting that the EY split is moving forward thanks in […]
Research: The Profession Continues to Have a Gender Diversity Problem at Upper Levels
Though some progress has been made in recent years, women continue to be suspiciously absent […]
Here’s the Deck EY Put Together to Sell the Audit/Consulting Split to Staff
Australian Financial Review has published slides shown to EY staff in a July global webcast […]
A Word on the Persistent Low Morale of the Audit Profession
We received the following email from a distraught and burnt out Big 4 auditor in […]
FRC Head Tells Firms to Stop Bitching About Audit Fines and Just Git Gud, Scrubs
FT reports that Financial Reporting Council CEO Sir Jon Thompson has a strong message to […]
Happy 20th Birthday, Sarbanes-Oxley!
Sarbanes-Oxley was signed into law by President George W. Bush on July 30, 2002.