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March 20, 2023

When accounting goes unaccounted for

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23 MNCPA to Educators: “We Do Not Need New CPAs Who Have Additional College Credits; We Need More CPAs, Period.” Accounting Firm Leaders Cite ‘Rising Salaries’ As The Second Biggest Problem Facing Their Firms With Project Everest on Pause, Let’s Pause a Sec to Shed a Tear For EY’s Reputation As Transaction Advisors WTF Happened at SVB and Should KPMG Auditors Have Seen It Coming?

House Financial Service Committee

Audit

Maybe Now You’ll Take the Opposition to Auditor Rotation Seriously

by Caleb Newquist

It's fair to say that accounting firms are conservative organizations. That is, they prefer that things in their world remain more or less the same and when extremely rare and unforeseen events occur that mandate change, it be carried out with as little disruption as possible and on their terms. NBD, right?   The PCAOB, […]