![Layoff Watch ’24: Things Aren’t Looking Good at PwC China [UPDATED]](https://www.goingconcern.com/wp-content/uploads/2024/07/Big-4-layoffs.jpg)
In an exclusive, Reuters is reporting this morning that PwC China might cut as much […]
Tag: Banks
FINRA Quickly Calls BS on Banks Forcing a Return-to-Office in Their Name
Last week, Bloomberg reported that Citigroup, HSBC, and Barclays were forcing more of their people […]
Wells Fargo Not Sick of Bad Press Yet
Oh, Wells. Buddy. What’s going on? Can’t seem to keep your nose clean. Last week […]
Tesco Bank Deals with Digital Heist
Cybersecurity experts and IT auditors better saddle up — the world just experienced its first […]
You Know the Convergence of Loan Loss Accounting Is in Sorry Shape When Banks Are a Voice of Reason
Right now, the FASB and IASB are nowhere near agreeing on how loan loss accounting […]
At Best, FASB’s Credit Loss Proposal Could Result in Earnings Management; At Worst, FASB’s Credit Loss Proposal Could Result in Lots of Earnings Management
The idea behind the FASB's credit loss proposal is that it would require banks to […]
FASB Wants to Make a Comment Period Longer, But How Can You Make Punctuation Longer? Maybe If It’s a Comment Ellipsis!
Everybody's sick of banks being too big to fail. The only thing Americans ever liked […]
Southern National Bancorp Not Ashamed to Admit That They’re Dumping KPMG to Save a Hundred Grand
Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes Goodman. […]
Maybe We Should Just Let the Banks Write Their Own Loan Loss Accounting Rules
Banks really appreciate the effort to move away from the recognition of losses as they […]
SEC Charges Two KPMG Auditors with Something We’re All Accustomed to Auditors Doing
Way back in April 2010, KPMG resigned as the auditor of TierOne Bank. You see, […]
Deloitte Suggests Banks Quit Their Bitchin’ and Turn Their Dodd-Frank Frown Upside Down
You've got the 2,300-ish page law all wrong. It is not 2,300-ish pages of annoying […]
Underpants Gnomes Accounting Will Make for Great Bank Earnings This Quarter
Wells Fargo analysts are raising estimates for some of the biggest players on Wall Street, […]