Saw this on Reddit this morning, good thing I grabbed it before it got deleted […]
Category: Audit
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 […]
Big 4 Firms Are Fighting Engineers Over the Right to Bill Clients For Climate Disclosure Audits
Interesting piece over at the Wall Street Journal this morning about environmental disclosures or, more […]
EY Auditors Cheated on Ethics Exams and Tried to Cover It Up, Will Pay a Record Fine for Naughtiness
Well this is bad. The SEC has fined EY a record $100 million after an […]
Audit Supervisors at the PCAOB Want Auditors to Better Supervise Their Auditors
The PCAOB adopted a new audit standard yesterday (AS 1206, Dividing Responsibility for the Audit […]
EY Puts Its Money Where Its Mouth Is on Audit Quality With a Technology Investment
EY announced today it is making a $1 billion investment in audit technology just weeks […]
SEC Slaps CohnReznick and Three Partners with Improper Professional Conduct
This press release from the SEC is wayyyy too boring to be rewritten in an […]
The Audit Profession’s Inability to Retain Talent Poses a Serious Threat to Audit Quality
Just about every employer in corporate America is singing the blues about talent shortages caused […]