Now that the SEC has given public companies the go ahead to tweet material info […]
Category: Big 4
If it happens at a Big 4 accounting firm, we’re talking about it here.
PwC’s Transparency Gives Its Employees the Warm Fuzzies
Yesterday we discussed the Vault business outlook rankings for public accounting firms. In general, I thought […]
According to Obvious PwC Survey, Millennials Want To Barely Work From Home, If At All
If I have to read ONE more of these, I am going to scream. Here's […]
Mid-tier Accounting Firms Have Much Brighter Futures Than the Big 4
One of the more interesting Vault rankings is the "Best to Work For: Business Outlook" […]
KPMG Insider: Partners Feel Betrayed By Scott London’s Actions
Ed. note: This post was written exclusively for Going Concern by a KPMG veteran employee that wished to remain anonymous.
Let me start by saying I barely know Scott London. I emailed him a couple of times. I may have met him once in person (obviously it didn’t leave much of an impression). That was the extent of my interaction with him. In that limited time he seemed like a nice enough guy but that’s all I know about him. That statement was echoed by a few people I know who did work with him when this story broke. The general consensus was that it sucks that this happened to a nice guy.
PwC Tops Vault Accounting 50 (2014)
After a couple of interesting teasers on LGBT relations and satisfaction among women, our friends at Vault have unveiled their Accounting 50 ranking today. The results will probably annoy many of you because, yes, PwC topped the three big categories in Vault's 2014 rankings — Overall Ranking, Prestige, and Diversity.
Vault Survey: Male Big 4 Partners Most Satisfied; Female Senior Associates Least Satisfied
Our friends at Vault will release their Accounting 50 ranking on Monday, but if you […]
Kaption Kontest Friday: Say Kheese!
Via the New York Times, ex-KPMG Partner Scott London (right) leaves court with his attorney, […]
In Light of Current Events, Ernst & Young Reminds All Personnel That Insider Trading Is a Big No-no
Have you or someone you know considered passing some non-public information to anyone who has […]
(UPDATE) Complaint Says Scott London Admitted to Tipping Bryan Shaw About Five KPMG Clients
~ Update below includes details from the criminal complaint, including Springsteen tickets!
From the Journal:
Mr. London was charged with one count of conspiracy to commit securities fraud through insider trading, according to the criminal complaint. He faces up to five years in prison and a $250,000 fine. The complaint said the trades generated a profit of more than $1 million for his friend, Bryan Shaw. The complaint also says Mr. London tipped off Mr. Shaw about five KPMG clients, more than was previously known.
KPMG’s Official Statement Meets Mystery (Bachelor of) Science (in Accounting) Theater
When a giant insider trading turd hits the fan of independence, KPMG spokesman Timothy Connolly is […]
Despite Entering a ‘War Zone’, the Next Auditor of Herbalife Should Find Solace in All the Fees They’ll Earn
Part of the reason this KPMG resignation is such a conundrum for both Herbalife and […]