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December 6, 2022

Acts discreditable to the profession

EY Auditors Cheated on Ethics Exams and Tried to Cover It Up, Will Pay a Record Fine for Naughtiness

Well this is bad. The SEC has fined EY a record $100 million after an investigation revealed auditors at EY were cheating on ethics exams (open book ethics exams we presume) and CPE; worse than cheating alone, they actively tried to cover it up and hide the cheating from the SEC. From the SEC news […]

TIL Doing Porn Is (Probably) Not Considered an Act Discreditable to the Profession (Side Hustle, Anyone?)

Today’s nugget of knowledge comes courtesy this Reddit post and the OP’s ethics textbook: Debit Does Dallas heh. The textbook author who came up with that deserves a raise. In case you didn’t know, Rule 501 of the AICPA Code of Conduct is a bit controversial due to its completely open nature. The code itself […]