In November, the PCAOB approved new rules that would require firms to report various metrics: […]
Tag: Restatements
The PCAOB Racks Up Its Fourth Enforcement Against a Chinese Affiliate With This KPMG China Order
Announced today, the PCAOB has sanctioned three partners of KPMG China for various violations of […]
‘Big R’ Restatements Are Quite the Thing For PwC Audit Clients
All the Tesla haters are having a field day with this on Twitter. The Wall […]
Uh-Oh, PwC, You’ve Gotten the Attention of the PCAOB
Somebody at the PCAOB must have read the Wall Street Journal article last week about […]
Auditor Swap: AZZ Says Buh-Bye to BDO USA, Hires Grant Thornton
Auditor shopping has made the news a little more than usual of late, with high-profile […]
Financial Restatements On the Decline—Again
There has been a trend in recent years of financial restatements for public companies decreasing, […]
Analyst Rightly Grew Suspicious of Gorgeous Woman Who Laughed at His Accounting Jokes
“And then I said, ‘It’s accrual world!’” Earlier this year, we discussed a tradecrafty story […]
Big 4 Audit Quality Hiding in Plain Sight: Restatement Mentions in PCAOB Reports
For the last several years, one very interesting audit quality metric has not been widely […]
Weatherford International Gets in Trouble for Letting Execs Choose Their Own Numbers
Going Concern history buffs will recall a period in 2011-2012 when oil services company Weatherford […]
Valeant Pretty Sure They Got This Now
Valeant, a pharmaceutical company better known for impressive feats of corporate chicanery that are in […]
Toshiba Restating, Concedes That Restatement Could Be Restated
A "special task force" assigned by Toshiba Corp to look into accounting irregularities found that […]
Hertz Can’t Promise That Its Accounting Troubles Won’t Get Worse
UPDATE: I relied on that figure provided by The Journal that incorrectly stated that the cost of […]