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PwC to Require More Robust Review and Supervision of Auditors, Although “Minimum Supervision” Still Has Its Place (in Court)
Last month, the PCAOB released its 2011 inspection report for PwC. With a 41% deficiency […]
Accounting News Roundup: The U.S.-China Audit Ripple Effect; MD&A in English, Please; Wasted Stimulus | 12.07.12
U.S.-China Audit Clash Could Have Broad Reach [Reuters]The standoff over Beijing’s refusal to give regulators […]
Footnotes: Oy, Derivative Accounting; Should Auditors Ditch Independence?; Our Rich Saviors | 12.06.12
Scrutiny at the Gate: Firms' Role Questioned [WSJ] Deutsche Bank Ignored Some “Losses” Until They […]
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Don’t Be a Menace to the Cloud While Leveraging Your Dynamic Innovative Disruption While at #DigitalCPA*
For the remainder of the week, I'm in DC covering the 2012 CPA2Biz Digital CPA […]
RSM Tenon Shareholders Actually Acted on Their Dissatisfaction with PwC’s Auditing Ability
You may not know this, but McGladrey's British sister from another mister is RSM Tenon. […]
Politicians Incorrectly Demonizing “Tax Loopholes” Is Old Hat
Today, Christopher Bergin explains how our elected officials butcher the term "tax loophole": For now, […]
Accounting News Roundup: Digging Up Bodies at Deutsche Bank; PCAOB’s Latest Report; Moss’ Merger | 12.06.12
Deutsche Bank: Show of strength or a fiction? [FT]Josef Ackermann was bullish. Even as the […]
Footnotes: Oh, That Muddy Waters; Geithner Ready to Take a Tumble; Happy Birthday, Tax Foundation! | 12.05.12
Ospraie Says Block's Olam Accounting Claims 'Exaggerated' [BBW] Deloitte Consulting CEO: Make Yourself Replaceable [WSJ] Geithner: […]
Science Says You Should Have Multiple Large Monitors
Back in October, we learned that PwC auditors had finally whined loud enough to earn […]
Timesheet Wars: Non-Billable Codes Are Orwellian Busywork
Timesheets, billing rates, and chargeable goals still piss me off. I haven't tracked my time […]
PCAOB Member Jay Hanson Can’t Imagine a World with Auditor Rotation
On Monday, PCAOB Chairman James Doty gave a speech where he mentioned, among other things, […]