Lawsuit: Mattel Shareholders Are Holding PwC’s Feet to the Fire
Once the Wall Street Journal broke the story last November that Mattel’s finance team and PwC auditors reportedly buried an accounting error that affected the toy giant’s financial results toward the end of 2017, you knew there would be some fallout. First, Bloomberg followed the WSJ report by writing that the PCAOB would be investigating […]
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 Mattel and its auditor PwC allegedly burying an accounting error tied to Mattel’s ownership of Thomas & Friends because everyone’s favorite mess of an audit regulator is reviewing PwC’s work, according to Bloomberg, and probably whether the firm broke any […]
PwC Probably Did Celebrate When It Helped Mattel Cover Up an Accounting Error
By now you guys have probably read the Wall Street Journal article yesterday that explains what Mattel and PwC did to bury accounting issues related to the value of the Thomas & Friends show for kids. If for some reason you’ve been too busy to surf the web or dick around on Reddit in the […]
Would Your Clients Like a Side of DIY Legal Forms With That Tax Return?
As some of you know, I'm at Thomson Reuters SYNERGY this week, which is basically a 1,300 person party for Thomson Reuters CS Professional Suite users. I'll spare you the gory details of product demos and cheerful salespeople in bright orange shirts but I did want to share the big news out of this year's […]