FT reports that Financial Reporting Council CEO Sir Jon Thompson has a strong message to […]
Category: Audit
Happy 20th Birthday, Sarbanes-Oxley!
Sarbanes-Oxley was signed into law by President George W. Bush on July 30, 2002.
The PCAOB Hasn’t Done a Lot With Audit Standards in the Last 20 Years But They’re Getting Around to It Now
From remarks delivered yesterday by PCAOB Chair Erica Y. Williams at a virtual event hosted […]
UK Audit Watchdog Says Deloitte Is Doing Some Good Auditing Across the Pond
Deloitte is doing a great job keeping the Financial Reporting Council happy these days. Per […]
EY Is Leaving $10 Billion in Consulting Fees On the Table If It Doesn’t Split, Says Global Chairman Carmine Di Sibio
In comments to Financial Times, EY Global Chairman and CEO Carmine Di Sibio says splitting […]
Crisis in the Profession: Interns Aren’t Learning SALY?!?
If true this could shatter the entire financial system! We knew training has suffered due […]
Senior Managers Out of F*cks to Give Are Acting Up in Review Comments
Saw this on Reddit this morning, good thing I grabbed it before it got deleted […]
FRC Asks Large Audit Firms What They’re Doing About All This Cheating
Financial Times is reporting that across-the-pond regulators at the Financial Reporting Council have written a […]
Working 60-70 Hours a Week is ‘Fine’ Says Underpaid Big 4 Auditor Skilled in the Art of Minimizing
Check out this Big 4 auditor recently profiled on eFinancialCareers. Blink twice if you need […]
Big 4 Conflicts of Interest Are in Regulators’ Crosshairs, EY Tops the Independence Naughty List
There’s a story in the New York Times today about how EY “devised an elaborate […]
Supply Chain Disruption and Risks Around Remote Work Among PCAOB Inspection Focus For 2022
In a spotlight released by the PCAOB just a few days ago [PDF] the auditors […]
Some Guy in Montana Thinks Audit Firms Are Corrupt, Untrustworthy
Jim Elliott writes an opinion column for the widely-distributed Missoula Current (that’s a joke) and […]