Bravo Delta Oscar has come to Skechers' rescue and will re-audit the two years worth of financial statements that KPMG abandoned after we learned that Scott London spent some of his billable hours counting cards.
From henceforth, gaining a client due to a scandal of a notable degree shall be known as "picking up a London." Obviously. We're anxious to see who Herbalife gives their final rose to. Stay tuned.
[WSJ]
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Fresh off the PCAOB’s published naughty list, BDO USA and partners Kevin Olvera and Michael Musick got sent to the punishment corner for violations of PCAOB rules and audit standards in connection with the audit of AAC Holdings, Inc. (“AAC”) for 2017. Specifically, audit partner Olvera failed to properly evaluate three significant estimates that AAC […]
The PCAOB has scored its first-ever sanctions related to a firm’s membership in an accounting alliance and as one would expect, there is a press release. The press release doesn’t quite explain what happened though, for that we will have to go to the settled disciplinary order. First things first: The PCAOB found that Warren […]
