Good news for the internal auditors out there — a study by the IIA found […]
Category: Audit
Auditors Not Being Credited with “Better Letter Than Never” in Discovery of Pennsylvania School District’s $15 Million Error
In yesterday's Footnotes, we mentioned that the Reading, Pennsylvania School District sorta overstated the amount […]
Ex-KPMG Chief to Auditors: You Are All Flirting With Irrelevance
According to a Financial Times article posted today, KPMG UK's former head John Griffith-Jones — […]
Occupy the Audit Committee: Why Not Include PCAOB Inspections in Proxy Statements?
Every year, my mailbox gets cluttered up with huge proxy statement packets filled with a […]
Here Are Five of the Lowliest Lowlights in Auditing from 2012
You have to admit it — auditing is a rough gig. You're expected to meet […]
Center for Audit Quality Issues Latest Late-to-the-Party Statement
Just in case anyone missed the PCAOB Inspection Report on ICFR, the Center for Audit […]
ParenteBeard’s “Audit” of Santa Is as Reliable as Santa Himself
ParenteBeard, the 23rd largest CPA firm on the whole damn planet, issued the following press […]
Big 4 Firm Doesn’t Appreciate the Insinuation That Former Big 4 Employees Are Anything Less Than 100% Objective When Choosing an Audit Firm
It has become increasingly clear that the front line of the war on audit firm […]
Batman Auditor Gives Scooby Doo a Run For His Scooby Snacks
I'm starting to think we need a Going Concern Halloween costume contest next year. There's […]
Being an Independent Auditor Is So Much Easier (and Effective) If You Are a Total Prick
I love HGTV in fact but not in appearance. No one looks at me and […]
Big 4 PCAOB Inspection Reports to Be SALY
If a person was going to describe the 2010 PCAOB inspection results, you might hear […]
Anecdotal, Unverifiable Evidence Confirms That Broker-Dealer Audits Are as Bad as You Thought They Were
Digging through the mailbag, I found this little gem: I'm not surprised broker dealer audits […]