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September 22, 2023

YOU HAD ONE JOB

Burnt and melted trash bin from fire

The SEC Has Charged Marcum’s Former National Assurance Services Leader With Being Ass at His One Job

The SEC’s rock-hard justice boner for Marcum continues, this time it’s charges against the firm’s former national assurance services leader for “causing widespread quality control deficiencies.” Or in casual parlance, “totally fucking up.” From today’s news release: The Securities and Exchange Commission today charged Alfonse Gregory Giugliano, CPA, the former National Assurance Services Leader at […]

The PCAOB Has Added Some Interesting New Language to Inspection Reports

While we were ragging on EY yesterday for taking it up the AS5 from the PCAOB, we happened to notice some interesting new language in the inspection report. Now, this is not surprising as the PCAOB clarifies itself often, but let's see what you think about this: Certain of the deficiencies identified were of such […]