People who presumably aren’t paid by the Chinese government to say “everything is great!” have […]
Category: Audit
Our Audits Sucked Because the Auditors Are Exhausted, Says Deloitte Australia
Last week the Australian Securities and Investments Commission (think Aussie PCAOB) informed us that Deloitte […]
EY Reminds Us That Audits Provide ‘Reasonable Assurance,’ Not a Guarantee That Billions of Dollars Aren’t Hidden From the Balance Sheet
The NMC Health collapse of 2020 is still haunting EY UK, this time in London […]
The Canadian PCAOB Says One Big 4 Firm Keeps Screwing Up Audits But Won’t Say Which One It Is
Shall we speculate wildly which Big 4 firm is not meeting the Canadian Public Accountability […]
Audit Partner Really Bad at Auditing Won’t Be Auditing Any Time Soon (Or Ever)
The PCAOB has made it painfully clear that they are done pussyfooting around and sick […]
EY Is Haunted By Some Lingering Independence Problems
Yesterday the PCAOB made public additional portions of EY’s 2018 inspection report “because the firm […]
When a Bank Fails, People ‘Lose Faith’ in the Auditors
Are bank failures bad PR for the firms that audit them? New research seems to […]
The PCAOB Has Had It With Shoddy Audit Work Performed by Affiliates
In its ongoing effort to tell audit firms that it means business this time for […]
A Bunch of Auditors at RSM F*cked Up
Today in Auditors Not Doing Their Jobs, the SEC has charged RSM, three senior-level employees […]
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, […]