Audit Archives

Audit

Government Audits Turn Up Some Scary Stuff

Leona May
March 10, 2016

In 2016, government auditors in Washington state discovered $420,300 in unemployment benefits paid out to […]

Audit

What Auditors Ought to Know About the Internet of Things

Megan Lewczyk
March 9, 2016

Whenever I think about the Internet of Things ("IoT"), my mind jumps to a Disney […]

Audit
SEC

Lying About Your Financial Statements Being Audited Still Frowned Upon

Caleb Newquist
February 4, 2016

It’s worth mentioning since the SEC had to make an example out of someone: The […]

Audit

Coming Soon-ish: Greener Auditing

Caleb Newquist
December 14, 2015

Well, maybe. Eventually. Some time in the future. Over at the Harvard Business Review, there's […]

Audit

PCAOB Finally Gonna Vote on Partner Disclosure

Caleb Newquist
December 10, 2015

The PCAOB announced earlier today that it will hold an open meeting next Tuesday to […]

Audit

Who’s #AuditorProud?

Caleb Newquist
December 9, 2015

So here's a thing that is happening tomorrow: Use #AuditorProud & #PwC on Thursday to […]

Audit

What’s On Your Audit Partner Disclosure Wish List?

Caleb Newquist
December 4, 2015

Earlier this week, we learned about a couple of Grant Thornton audits that were less […]

Audit

Fake Occupants Caused Some Some Problems in Grant Thornton’s Audit of Assisted Living Concepts

Caleb Newquist
December 2, 2015

The SEC announced a settlement with Grant Thornton and two partners today over some bad audits that went down in America's Dairyland. The firm will pay $3 million in fines, plus forfeit $1.5 million in audit fees with interest. The partners, Melissa Koeppel and Jeffrey Robinson agreed to a $10k fine and a 5-year ban and $2.5k and 2-year ban, respectively.