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Here’s Your Authoritative Guide for Likening Game of Thrones to Public Accounting
- Caleb Newquist
- June 12, 2014
I came late to the Game of Thrones party. After hearing rumblings about a “Red Wedding” and the emotional scars it left on people who I thought didn’t have shred of empathy in their bones, I immediately stopped watching Curb Your Enthusiasm Season 5 to binge on GoT.
Wanted: Auditor for a Failing Bank (And a Buyer Too)
- Caleb Newquist
- September 8, 2009
In another case of an auditor giving a Titantic-esque bank the ‘It’s not you, it’s me’ routine, E&Y resigned as the auditor of Corus Bankshares, Inc., in a filing late last Friday.
This one really had no chance. After the Chief Accounting Officer resigned after five months on the job, family shareholders continuing to dump their shares, and filing their Q late, you can’t really expect Ernie to stick around.
E&Y had given the going concern paragraph kiss of death on Corus’s audit opinion earlier in the year and according to the last amended quarterly filing, Corus had over $7 billion in assets but negative equity. So, nature seems to be taking its course. Chalk it up, She Bair.
Ernst & Young resigns as Corus’ accounting firm [Chicago Tribune]
Footnotes: The Best Time for Ethics; Canada Goes CPA; Grover Norquist Thinks We’re Stupid | 06.23.14
- Adrienne Gonzalez
- June 23, 2014
New Evidence Shows Insider Trading Is ‘Pervasive’ and Rarely Punished Some people are not happy […]
