FT reported on Wednesday that the King’s EY was hit with a £295,000 fine ($376,309 […]
Category: Audit
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 […]
PSA to Clients: Be Sure to Ask Your Auditor If They’ve Committed Egregious Standards Violations Before Signing That Engagement Letter
This image is the first one that popped up when searching “advice” on the stock […]
BDO Is in Damage Control Mode
The other day, BDO USA released a press release entitled “BDO Strengthens Audit Quality Commitment […]
Audit Firms’ Tone at the Top Sounds Like a Brown Note, Says SEC Chief Accountant
In a statement released today (“Fostering a Healthy ‘Tone at the Top’ at Audit Firms“), […]
The PCAOB Made Its Own Quality Control Standard and It Took Only 22 Years
The PCAOB announced today that after the more than 20 years since they were forged […]
Imagine the Chaos If the PCAOB Starts Naming and Shaming Audit Deficiency Clients
In its desperate quest to appear as though it does something of value to capital […]
The SEC Just Charged Trump Media’s Spelling-Challenged Auditor with “Massive Fraud”
“Borgers and his sham audit mill have been shut down.” Fresh off the SEC press […]