August 10, 2022

When accounting goes unaccounted for

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Hoping Everyone Has Forgotten About All the Scandals, KPMG UK Is Bidding for Government Contracts Again Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte Where TF Is the IRS Supposed to Find 87,000 Agents? How Do You Know When It’s Time to GTFO of Big 4? One Manager’s Opinion Monday Morning Accounting News Brief: PwC Gets Fined; Big 4: What’s the Scam?; The IRS Straps Up | 8.8.22

MDC Partners

Financial Reporting

SEC Fines Company for Failing to Mention That They Paid for CEO’s Lavish Perks (and Some Non-GAAP Stuff, Too)

by Caleb Newquist

Normally I'd reserve mis-adventures in non-GAAP accounting for the news roundup, but it's not every day that an SEC order includes this: MDCA is New York-based marketing company MDC Partners and gosh, how do you fail to disclose the cosmetic surgery? Everything else is pretty standard fare as far as extravagant perks go, but if […]