Announced Monday, the Financial Reporting Council (FRC) has fined the King’s KPMG £2,250,000 ($2.9 million […]
Tag: audit quality or lack thereof
Withum Gets Marcum’d By the PCAOB
The Public Company Accounting Oversight Board (PCAOB) announced today it sanctioned WithumSmith+Brown for violations of […]
The PCAOB Will Be Further Up Auditors’ Asses in 2024
Although hiring a former PCAOB staffer and using their insider knowledge to improve your inspection […]
Upcoming Inspection Report Deficiencies Are ‘Completely Unacceptable,’ Writes PCAOB Chair in Venomous Op-Ed
We’re not sure how many more times it needs to be said and it’s shocking […]
EY’s Getting Ready For Bad Grades From the PCAOB For Overseas Colleagues’ Work (Allegedly)
Apparently someone inside EY blabbed to Financial Times about the current state of EY audit […]
Client That Fired Marcum Over Audit Quality Compares the Firm to a Doctor Killing 25-50% of His Patients
It may be called The Westerly Sun but this paper is throwing nothing but shade […]
Marcum Took On Too Many Clients and Totally Wrecked Their Quality Control, Says the PCAOB in Disciplinary Order
About an hour ago the Public Company Accounting Oversight Board (PCAOB) announced a settled disciplinary […]
The PCAOB Finally Releases China Inspection Results for KPMG and PwC, It Ain’t Good
For those of you short on time and/or attention span, here’s Public Company Accounting Oversight […]
Canadian Audit Quality Is Getting Suckier and CPAB Is Concerned
Up north, the Canadian equivalent of the PCAOB has said that audit quality in America’s […]
Let’s Start the Year Off With Some Doomsaying Predictions For the Profession in 2023
2022 was not exactly a banner year for accounting but if you don’t count the […]
BDO USA Botched More Than Half of Its Audits Inspected By the PCAOB In 2021
Fat Joe’s favorite audit firm once again had a spectacularly horrible PCAOB inspection report. In […]
KPMG Still Rocks at Having the Worst PCAOB Inspection Report Among the Big 4
The last of the 2021 Big 4 PCAOB inspection reports belongs to KPMG, which has […]