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September 22, 2023

When accounting goes unaccounted for

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Friday Footnotes: Remembering Legend Sid Kess; Andersen’s Doing Great; Poland Banned Deloitte From Auditing? | 9.22.23 Now the Profession Is Losing Experienced Accountants Too Opinion: On-the-Job Experiential Learning Credit to Meet the 150-hour Requirement Makes Sense Look What PwC Made the Australian Government Have to Do 6 Ways Email is Secretly Destroying Your Accounting Firm

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Firm Watch

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

by Going Concern News Desk

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 […]

PCAOB

The PCAOB Has Added Some Interesting New Language to Inspection Reports

by Adrienne Gonzalez

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 […]