Part of the reason this KPMG resignation is such a conundrum for both Herbalife and […]
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Going Concern March Madness: Busy Season Survival Has a Champion (And Some of You May Need a Sponsor)
Bracket season came to close yesterday afternoon on Going Concern and your Busy Season Survival […]
Lessons From L’affaire Scott London: Don’t Talk About Your Clients While Quoting Caddyshack
I love Peter Henning's suggestion that ex-KPMG partner Scott London was swapping Caddyshack quotes with his golfing buddy. Everyone having few drinks after playing a round inevitably sees someone walk by with a hideous headpiece and says, "When you buy a hat like this I bet you get a free bowl of soup." I think it's a law in Florida that you have to recite that line.
ANR: KPMG’s Scott London: Leaks ‘started in an effort to help out someone’; ‘It just happened’; ‘Every day since this occurred I’m saying to myself how stupid I am.’ | 04.10.13
"Let me first say that I regret my actions in leaking non-public data to a third party regarding the clients I served for KPMG. Most importantly, and I cannot emphasize this enough, is that KPMG had nothing to do with what I did. The Firm bears no responsibility in this matter. These actions were by my choice and mine only.
Footnotes: Time to Name Audit Partners?; ‘I thought he was a nice guy’; Tax Reform Will Need Closed Doors, Actually | 04.09.13
Herbalife's KPMG Auditor Was a Cheerleader, Too [Bloomberg] Looking for KPMG's Mystery Man [WSJ] "I […]
Would You Rather: Have Part II of PCAOB Inspection Report Released or Find Out an Audit Partner Passed Along Inside Information?
Oh, to be a Big 4 firm these days. Yes, billions of dollars flow in […]
Memo to Any Recently Unemployed KPMG Partners: Gordon Ramsay Could Use Help with His Accounts Payable
I suppose there had to be other things going on today besides KPMG resigning from […]
(UPDATE) KPMG to Resign as Herbalife’s Auditor; Who’s Next? A: Skechers
~ Several updates below including the name of the partner fired by KPMG and statements […]
ANR: KPMG Fires L.A. Partner for Passing Insider Info; Judge Tosses Longtop Fraud Claim Against Deloitte; IRS Giving Free Lunch Getting a Second Look | 04.09.13
KPMG Fires a Senior Partner in an Insider Trading Episode [NYT]KPMG said late Monday night […]
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Footnotes: You Might Be a Tax Cheat If; What’s the Big Deal About Bitcoin?; Ferret Fraud! | 04.08.13
When Buybacks Get Complex, So Does the Accounting [Compliance Week] The Forensic Accountant’s Role in […]
What Is the Code For Watching This Video From PwC Philly’s Oscars Event?
I am beginning to think PwC's Philadelphia office is purposely trying to end up on […]
Social Media’s Ideas for Tax Reform Can’t Be Worse Than Anything That’s Been Kicked Around So Far
Senator Max Baucus (D-MT) and Representative Dave Camp (R-MI) report in a Wall Street Journal […]