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June 2, 2023

When accounting goes unaccounted for

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Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033 Kill the Audit Industry, Says Ex-Auditor KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse Promotion Watch ’23: The Baker Tilly Partner Bench Is Now 44 People Deeper House Speaker Kevin McCarthy Celebrates Defunding the Agents the IRS Wasn’t Gonna Be Able to Hire Anyway

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KPMG

KPMG Not Sure If It Should Sue Itself Over Spectacularly Failed Client

by Adrienne Gonzalez

Back in 2011, the 138-year-old Irish Nationwide Building Society failed due to really crappy loans in a really crappy economy. It was nationalized at a €5.4 billion ($7.35 bil USD) cost to taxpayers and unlike other "victims" of sloppy loans and irrational exuberance, everyone involved knew things were bad: From the start of the millennium […]

Social Media

Here Are Some of the Worst Accounting-Related Passwords Hacked From LinkedIn

by Adrienne Gonzalez

Did anyone hear about that whole LinkedIn password breach thing? Hopefully all of you have changed your LinkedIn passwords just to be safe but if not, there's a handy tool that will tell you if your password was among the 6.5 million leaked ones. Just a reminder: change your password before checking it. You're welcome. […]