Announced Monday, the Financial Reporting Council (FRC) has fined the King’s KPMG £2,250,000 ($2.9 million […]
Tag: audit failures
In Non-Russia-Ukraine War News, KPMG UK Screwed Up Another Audit
Let’s take a break from what’s going on right now in Ukraine to tell you […]
KPMG UK’s Piss-Poor Auditing Is Once Again Coming Back to Bite Them In the Ass
As the UK’s audit cops are kicking back and watching KPMGers throw each other under […]
KPMG UK Already Gearing Up For Massive Punishment Over Carillion Audit Failures
“It is of course for the tribunal to reach a conclusion on the allegations as […]
SEC Got All Grinchy on Crowe, Four Partners for Bad Banana of an Audit
We interrupt your Christmas Eve merriment to bring you this press release from the Securities […]
Those Who Know, Know BDO … Sucks at Auditing
So, the latest PCAOB inspection report of BDO USA is out, and man, it’s bad. […]
U.K. Watchdog Blasts PwC for ‘Incomplete, Inaccurate, and Misleading’ Audit of BHS
In a leaked Financial Reporting Council report, the U.K’s accounting watchdog hammered PwC for bungling […]
Those Who Know, Know BDO Got Their AS5 Kicked in Latest PCAOB Inspection Report
Another day, another PCAOB report. Today, our lucky victim is BDO USA, LLP. Of the […]
PCAOB Says Audit Failures Are No Longer Audit Failures
So, today, this happened: Hanson says the PCAOB has moved away from using the phrase […]
McGladrey’s PCAOB Inspection Report Is the Least Embarrassing Thing About McGladrey
We were too busy yesterday making AS5 jokes about KPMG to talk about McGladrey's 2013 […]
PCAOB Inspection Report Hands KPMG Its AS5
Oh, man. The last remaining Big 4 inspection report of 2013 was released by the […]
The PCAOB Has Added Some Interesting New Language to Inspection Reports
While we were ragging on EY yesterday for taking it up the AS5 from the […]