October 4, 2022

partners behaving badly

Accountant Behaving Badly: Cherry Bekaert Partner Arrested For Allegedly Peeing In Someone’s Gas Tank

Today’s “Accountant Behaving Badly” comes via a tip from a reader. Usually public accounting firm partners get into trouble for insider trading, participating in some elaborate fraud, or sexually harassing a subordinate. But Cherry Bekaert partner William Billips got himself into trouble for allegedly going on a rampage after getting kicked out of a Nashville […]

A Few EY Partners Didn’t Get the Auditor Independence Rules Right

The SEC on Dec. 10 decided that two EY partners and one principal didn’t take the auditor independence rules seriously and doled out a few fines and sanctions. And like many of these auditor independence violations that get firms in hot water with the SEC or the PCAOB, the flagrant rules bending by EY had […]

ey orlando

EY Learns the Hard Way Not to Screw Around with the SEC’s Auditor Independence Rules

Back on Aug. 12, 2019, Bubble Wrap maker Sealed Air Corp. disclosed in an 8-K that it had fired EY as its “independent” registered public accounting firm and stated that it had hired PwC. OK, no biggie, the auditor carousel is always going round and round in the Big 4. But the most interesting tidbit […]