UK audit cops at the Financial Reporting Council (FRC) have told firms they’re expected to […]
Category: Audit
The Metaverse’s First Accounting Firm Won’t Be Paying These Big Old SEC Fines in Crypto We Assume
Hey remember the metaverse? Thank goodness generative AI swooped in and made everyone forget about […]
China Puts PwC in the Punishment Corner For Six Months and Confiscates ‘Illegal Gains’
Well we knew this was going to happen. Various media outlets are reporting that China […]
Layoff Watch ’24: Deloitte’s Busy Scaring People with Business Update Meetings
Someone brought it to our attention earlier that quite a few people on r/Deloitte are […]
BDO Aced Its 2023 PCAOB Inspections! JK, It Was F**ked
BDO USA’s 2023 PCAOB inspection is out and Financial Times‘ article about it is pretty […]
“There is a Risk That PE Investors May Lack a Deep Understanding of Audit Practice Objectives”
Tucked 22 pages deep into the Financial Reporting Council’s 2024 Annual Review of Audit Quality […]
EY UK Gets Hit With a Weakass Fine for an Ethics Conflict
FT reported on Wednesday that the King’s EY was hit with a £295,000 fine ($376,309 […]
Maybe AI Will Help KPMG Finally Get Gud at Auditing
Yesterday, KPMG announced it is integrating generative AI into its in-house audit system called Clara. […]
The PCAOB Asked Big Firms How They’re Using Generative AI
Be aware, audit firms. The PCAOB is sniffing around about your use of generative AI […]
King Charles Gives Audit Reform a Shout-Out, Guy Not at Big 4 Complains Big 4 Gets All the Business
In the King’s Speech today, King Charles says (timestamped below) “bills will be brought forward […]
![Layoff Watch ’24: Things Aren’t Looking Good at PwC China [UPDATED]](https://www.goingconcern.com/wp-content/uploads/2024/07/Big-4-layoffs.jpg)
Layoff Watch ’24: Things Aren’t Looking Good at PwC China [UPDATED]
In an exclusive, Reuters is reporting this morning that PwC China might cut as much […]
Attracting and Retaining Staff Are By Far the Biggest Problems at Audit Firms
Thomson Reuters has another survey to share with the world and that’s the 2024 Audit […]