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September 24, 2023

When accounting goes unaccounted for

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23 Now the Profession Is Losing Experienced Accountants Too Opinion: On-the-Job Experiential Learning Credit to Meet the 150-hour Requirement Makes Sense Look What PwC Made the Australian Government Have to Do 6 Ways Email is Secretly Destroying Your Accounting Firm

can you even support your opinion bro?

Audit

Crowe Horwath’s Latest PCAOB Inspection Report is Bad But Not as Bad as Last Year

by Adrienne Gonzalez

Clearly the fine folks at Crowe weren't following SALY, as their batting average has improved slightly over their last report. And by slightly we mean they got it right half of the time in 2012, which is still better than Grant Thornton and BDO. Still, it looks like AS 5 is to auditors as a […]

Grant Thornton

Let’s Congratulate Grant Thornton For Its Dynamic and Record-Breaking Audit Failure Rate

by Adrienne Gonzalez

Colin put this in ANR this morning but it's the kind of thing that deserves a post of its own just to make sure you don't miss it and mock appropriately: The Public Company Accounting Oversight Board gave a failing grade to Grant Thornton on 65 percent of audits inspected in 2012, the highest failure […]