A couple days ago the SEC charged Crowe U.K. LLP, its CEO Nigel Bostock, and senior auditor Matthew Stallabrass for the firm’s deficient audit of music streaming company Akazoo Limited. All three agreed to settle the charges. The client, Greece-based Akazoo S.A, settled with the SEC for $38.8 million back in 2021 “for allegedly defrauding […]
NASBA has released the Q1 CPA exam data for 2012 and I have to say… uh… well… it's not as bad as last year around this time, I guess. Of 40,709 candidates who sat in Q1, 45.5% of the exams taken were passed. 2012 Q1 Candidate Performance Read all about it from NASBA (PDF).