Grant Thornton and Five Other Firms Got Coal in Their Stockings From the PCAOB
The PCAOB added six audit firms—three international, including a KPMG affiliate, and three in the U.S., including Grant Thornton—to its 2022 naughty list on Dec. 22 for not making required disclosures on Form 3. If a PCAOB-registered accounting firm is a defendant or respondent in an administrative or disciplinary proceeding that was initiated by another […]
ICYMI: KPMG Screwed Up
Didn’t see this press release when it came out last week and because we delight in taking every opportunity possible to point out how objectively terrible KPMG is we’re sharing it with you now. Via the PCAOB: The Public Company Accounting Oversight Board (PCAOB) today announced settled disciplinary orders sanctioning three audit firms for failing […]
Audit Firms Being More Audit Firm-y in Response to the PCAOB’s Disappointment in Their Audits
Colin buried this in ANR this morning but I'm pulling it out and tossing it at you all like a zookeeper flings raw meat at his wild tigers ifyoufeelme. Emily Chasan writes in CFO Journal: This year, financial executives say their external auditors are requesting far more documents and details than usual on everything from […]