Michael Rapoport at the Wall Street Journal has a great article today that gives us a […]
Category: Audit
China Ready to Turn Over Audit Workpapers for Some Company at Some Point
The U.S. Securities and Exchange Commission has been struggling to obtain papers from China to […]
Another One of Deloitte’s Former Chinese Clients Has Been Charged with Fraud
When fraud allegations first arose in 2011 against China MediaExpress, CEO Zheng Cheng countered with […]
Maybe Now You’ll Take the Opposition to Auditor Rotation Seriously
It's fair to say that accounting firms are conservative organizations. That is, they prefer that […]
UK Regulator Tasked with Focusing on Audit Quality May Be Tasked with Focusing a Little Less on Audit Quality
When it comes to Big 4 bustin', UK regulators have proven the most willing to […]
Guest Post: The PCAOB Is Our Parents Now
Ed. note: The following was written exclusively for Going Concern by a Big 4 auditor who wished to remain anonymous.
The PCAOB is turning into our parents. Or at least they are using the same tactics in handing out punishment. “We know you were up to no good last night, so if you just tell us what you did we’ll take that into consideration when deciding how long to ground you.”
Public Company CFO Says Naming Audit Partner Is NBD
Andy Bishop is the chief financial officer of Hallador Energy, a publicly traded coal company. […]
This ‘Fighting Fraud’ Video from the CAQ Isn’t Going to Help That Expectations Gap Problem Auditors Love to Complain About
Most people like to learn in some sort of visual fashion. Reading? BORING. Lectures? AWFUL. […]
Hey Look, Internal Auditing Works!
Pardon my ignorance, but do you guys and gals picture internal auditors working in windowless […]
Warren Buffett Has No Use for Auditors
In one instance at least! Here's a little anecdote courtesy of the ubiquitous Business Insider: […]
According to This Dude Who May Have Helped Screw It Up, CliftonLarsonAllen Totally Screwed Up on the Dixon Audit
Meanwhile, back at the horse ranch: Sam Card says that CliftonLarsonAllen continued to do an […]
ICYMI: Here’s a Hitler Video That Might Help Your Company Decide If It Should Outsource Its Internal Audit Function
The Hitler video meme died long ago, but I regret missing this jump the shark […]