Reported by Financial Times, PwC UK is cutting about 175 audit associates from the roster […]
Category: Audit
The PCAOB Made a Triple Sweep of Big 4 Cheaters in the Netherlands
To date, the largest fine levied by the PCAOB against a registered audit firm was […]
More Than Half of Audit Firm Partners Say They’re Seeing Headcount Reductions in Their Industry Niche
Center For Audit Quality, the Kool-aid distributors responsible for the Accounting+ initiative that should not […]
The King’s PwC Earns a Hefty Fine For a 2019 Bank Audit
Feels like it’s been a while since we’ve written up a serious audit failure fine […]
Nine KPMGs Got Real Sloppy About Reporting How Much Outsourced Work They Were Using
The other day the PCAOB proudly announced that it was punishing several members of KPMG’s […]
Pussies at the PCAOB Have Backed Down on Firm Metrics Rules
In November, the PCAOB approved new rules that would require firms to report various metrics: […]
The AICPA Gets Around to Looking Into If This Whole Private Equity Thing Requires New Independence Rules
Two years ago, two years after the first major private equity investment in a top […]
Let’s Give KPMG a Golf Clap For Finally Figuring Out How to Audit Their Way Out of a Paper Bag
On January 23 Bloomberg Tax published a surprising headline: “KPMG Slated to Post Best Audit […]
Big 4 Firms Fight Against Metrics That Would Reveal the Workloads Behind the Curtain
While the AICPA and large accounting firms have begged urged the SEC not to approve […]
AICPA Sends Strongly Worded Letter Urging the SEC to Reject the PCAOB’s New Metrics Rules
As reported by Journal of Accountancy last week, the AICPA has asked the SEC not […]
Firms Tell the PCAOB There’s an Offshoring Brain Drain
The PCAOB released a Spotlight the other day [PDF] and it seems large firms are […]
Senators Yell at the PCAOB Because BDO’s Auditing Sucks
As you may have heard, BDO’s last PCAOB inspection was ass with an impressively bad […]