The good news for Grant Thornton is that they managed to take remedial actions related […]
Tag: Audits
Not Auditing Is Twice as Effective as Auditing at Catching Fraud
Today, we have an interesting ACFE report that not looking for fraud is more than […]
Some Companies Unsure About This New COSO Internal Control Framework
Some dates are not set in stone, like the day of the week I decide […]
CohnReznick Is Probably Better at Audits Than You, Per PCAOB Inspection Report
Yesterday, we shared McGladrey's not-all-that-bad inspection report results. Now, it's time to crown a world […]
If China Won’t Play, the PCAOB Will Find Someone Else to Play With
Keep holding out, China, the PCAOB don't need to check your stinkin' work anyway: Washington, […]
One Guy at the PCAOB Thinks the PCAOB Should Consider Its Language
Aha! Pointy-headed professors aren't the only ones who think the PCAOB's use of the term […]
Fraudsters Get High on Fraud, Auditors Get High on… Not Committing Fraud?
This groundbreaking idea brought to you by the AICPA Insights blog: According to a recent […]
The SEC Bans Big 4 Member Firms in China For Failing to Show Their Work
There's a storm a-brewin' in China and isn't a "fake" sun going viral. In a […]
Let’s Congratulate Grant Thornton For Its Dynamic and Record-Breaking Audit Failure Rate
Colin put this in ANR this morning but it's the kind of thing that deserves […]
EY Still Planning to Settle With Lehman Investors, Also Still in Denial
Back in October, it was reported that EY planned to settle with Lehman Bros investors, […]
Former Madoff CFO Claims Madoff Faked Documents For KPMG Audit Using a Refrigerator
This just in and developing, we will keep you posted: BREAKING: Former Madoff CFO says […]
Oregon Man’s Encounter with IRS Agent Oddly Similar to the Plot of a Bad Porno Movie
Today in bizarre sexual encounters with government employees news, a Fall Creek, Oregon man has […]