In shocking research presented earlier this month at the American Accounting Association’s annual meeting in […]
Category: Audit
EY Threatens to Raise Audit Fees ‘Cause the Mean Ole Government Keeps Busting Their Balls
I buried this story in Footnotes last Friday but thought it deserved its own post […]
Sooooo Did Anyone Else Notice Thomson Reuters Just Bought Confirmation?
Thomson Reuters quietly buffed up its audit tool suite this week with the announcement that […]
When It Comes to Audit Quality, Deloitte Is the KPMG U.S. of Australia
And that’s not a compliment. The Australian Financial Review reports: Deloitte has attacked the way […]
PCAOB Releases Teaser Trailer of 2018 Inspection Findings
Testing internal control over financial reporting, assessing risks of material misstatement, and auditing accounting estimates […]
Which Firm Topped the Big 4 in IPO Audits in Q1 of 2019?
2019 is supposed to be a record-breaking year for initial public offerings. At least that’s […]
Audit Deficiencies Got Much Worse Among Big 4 Firms in Canada
I came across an article on the site Canadian Accountant this morning that said Canada’s […]
Here’s Another Boring, Totally Predictable Article About How Robots Are Coming For Your Job
As far back as I can remember, I always wanted to be a gangster. Wait, […]
PwC Really Wants You to Be a CPA Before Senior But Will No Longer Hassle You About It
Fresh from /r/accounting comes news that PwC Assurance is no longer requiring licensure before promotion […]
EY Felt the Need to Form an Independent Audit Quality Committee
If someone had told you that a Big 4 firm just created an independent committee […]
Exposure Drafts: Auditing Standards Require You to Consider Whether Magic Is Real
Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas to editor@goingconcern.com. You can follow Greg […]
PwC U.K. Drones On and On About Using a Drone for Inventory Count Audit
While you first-years were slaving away doing year-end inventory counts of grain or cakes in […]