“Sell in May and go away” was an investors’ adage invoked as vacation strategy in […]
Tag: Fines
Deloitte U.K. Hit with Large Fine Over Its Incompetent Auditing of Serco Geografix
It was Deloitte’s turn on the Financial Reporting Council’s dunk tank today, as the U.K. […]
SEC Says $50 Million Fine For KPMG Is ‘Significant’ and ‘Appropriate’ For All That Cheating Going On
The SEC made official today the news that Dave Michaels of the Wall Street Journal […]
$50 Million Fine SEC Is Reportedly Giving KPMG Over PCAOB Scandal Isn’t Big Enough
Dave Michaels of the Wall Street Journal broke some huge news late last night about […]
PwC In the U.K. Got a Big Fine For Doing a Crappy Job Auditing Redcentric
Oh look, a Big 4 firm other than KPMG got in trouble earlier today with […]
New Year’s Eve Was Kind of a Bummer for Hertz
Man, I hope executives at Hertz got shitfaced on New Year’s Eve, because being told […]
KPMG U.K. Employees Are Reportedly Pissed Off About Being Fined for Late Timesheets
A new timesheet policy being rolled out at KPMG U.K. is causing a little ruckus […]
Deloitte, CPA Get Taken to the Woodshed in Hong Kong
The Hong Kong Institute of CPAs doled out some fines on Nov. 13 to Deloitte […]
PCAOB Fines Deloitte Canada $350,000 for Breaking Independence Rules Thrice on Audits of Banro
Deloitte Canada scored a hat trick of sorts on Oct. 16, but I doubt it […]
FRC Didn’t Want Grant Thornton U.K. to Feel Left Out of All the Disciplinary Fun
The Big 4 firms in the U.K. have been the target of repeated tongue-lashings from […]
Stop Me If You’ve Heard This One Before: FRC Reprimands KPMG U.K. for Crappy Audit
When it comes to the Financial Reporting Council and KPMG audits, it must be like […]
Deloitte Agrees to Fork Over $149.5 Million for Its Crappy Taylor, Bean & Whitaker Audits
The Justice Department announced that Deloitte would pay a $149.5 million fine to put “potential […]