Auditing is a big deal in the accounting world, especially at Big 4 firms. While […]
Category: Audit
So Much for the PCAOB Inspecting Audit Firms in China
Welp. After years of negotiation and Chairman Jim Doty saying this past summer that the […]
Company Loses Bad Auditor; Disaster Ensues
When a company changes their auditors, it can be a bit of a headache. As […]
Reminder: Auditors Can’t Check Their Own Work
A superfecta of PCAOB enforcement orders hit the air yesterday, so let's take a looksee, […]
Not-So-Fine Opining: High School Auditors, Grant Thornton’s Independence Problems, Close Family Members
This week we have three (!) stories to share of auditors behaving badly. Story #1 […]
Hey Look, McGladrey’s PCAOB Inspection Wasn’t So Good
The PCAOB released its inspection report for the accounting firm soon-to-be-formerly-known-as McGladrey yesterday and it's […]
The Numbers Literally Didn’t Add Up In This Latest Case of Atrocious Auditing
On Friday we discussed a Florida CPA's bad auditing. Later that same day, the SEC […]
Florida CPA’s Audits Didn’t Audit Much
This week in incredibly bad auditing, we have Terry L. Johnson of Casselberry, Florida. And […]
Coming This Christmas: A Final Rule on Audit Partner Disclosure
In an Investor Advisory Group meeting held earlier this week, PCAOB Chairman James Doty said […]
‘An Insult to the Accounting Profession’ and Other Highlights From Comments on the PCAOB’s Proposal to Disclose Names of Audit Firm Partners
Yesterday was the deadline for commenting on the PCAOB's concept proposal for disclosing the name […]
PCAOB Official Doesn’t Want Anyone To Freak Out But Holy Schnikes, Broker Dealer Audits Are Bad
If you read the PCAOB's press release on its annual inspection of broker-dealer audits, you […]
Auditors to Get Auditier
Here's someting auditors might not like: more work! In an interview with the Journal of […]