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Survey Finds That Nearly a Third of KPMG Employees Aren’t Surprised by Latest Cheating Scandal

In the competitive world of Big 4 recruiting, sometimes reputation is everything. Oh who are we kidding, the firms are all mostly the same — from work-life balance, pay, and even prestige — regardless of what PwC recruiters may tell you. At the end of the day, Big 4 firms are in a constant race […]

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KPMG U.K. Lawyers Up Because Not Breaking the Law is Hard, You Guys

The Financial Times did not hold back in its headline announcing the news on KPMG U.K.’s latest hire earlier this week: KPMG appoints risk management chief after accounting scandals. Ouch. Here, KPMG, you might need this. So just who is this brave individual willing to take on a brand-new role at a scandal-plagued accounting firm? […]

#TBT: Barry Melancon, The Most Hated Man in Accounting

2002 wasn't exactly a fantastic year for accounting. Arthur Andersen had just been convicted of obstruction of justice in the wake of Enron's collapse. That whole Sarbanes-Oxley thing happened. And, of course, the PCAOB was born as a result. In "The Man With Nine Lives" published by Forbes in November of 2002 we meet then […]

#TBT: The Pre-Enron Scandal That Warned Against Big 5 Firms Violating Independence

Just in time for Independence Day! From "The Pwc Scandal Changes Everything," which appeared in Businessweek back in February of 2000: Regulators are putting pressure on the entire profession. The SEC has directed the accounting industry's watchdog, the Public Oversight Board, to investigate seven other major accounting firms. The Big Five are being required to […]