The Canadian PCAOB Says One Big 4 Firm Keeps Screwing Up Audits But Won’t Say Which One It Is
Shall we speculate wildly which Big 4 firm is not meeting the Canadian Public Accountability Board’s generous standards? The Globe and Mail reports: One of Canada’s Big Four auditing firms continues to have a significant number of problems in its work, the national industry regulator has found. For now, the Canadian Public Accountability Board, which […]
PwC Canada Is the Latest Big 4 Firm to Get Busted By Regulators For Employees Cheating on Internal Training Courses
Ever since KPMG was fined $50 million by the SEC in June 2019 as a result of auditors at all levels cheating on internal online training exams by illegally sharing answers with colleagues and manipulating test results (as well as that whole KPMG audit partners stealing confidential inspection information from the PCAOB thing), we have […]
Audit Deficiencies Got Much Worse Among Big 4 Firms in Canada
I came across an article on the site Canadian Accountant this morning that said Canada’s audit regulator, the Canadian Public Accountability Board, recently issued its annual inspection results for 2018, finding significant audit deficiencies increased from 15 in 2017 to 34 in 2018. Thirty-four total significant deficiency findings might not seem that bad compared to […]