As reported by Journal of Accountancy last week, the AICPA has asked the SEC not […]
Category: Audit
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 […]
Brit Audit Cops Want Firms to Snitch if Private Equity is Sniffing Around
UK audit cops at the Financial Reporting Council (FRC) have told firms they’re expected to […]
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 […]