Longtime PCAOB Veteran and Skepticism Enthusiast George Botic to Sit on the Actual Board
“Like oxygen, audit quality may not be fully appreciated when it is present, but I think you can definitely tell when it’s missing.” That’s what George Botic said to attendees of the AICPA & CIMA Conference on Current SEC and PCAOB Developments in January, a get together sort of like Burning Man for auditors except […]
Deloitte Just Admitted to Misusing Government Information à la PwC Tax Scandal
So the firms are up against the Australian Senate this week, answering uncomfortable questions about their inner workings all because one PwC partner couldn’t keep his mouth shut and blabbed confidential government tax intel back to the firm so PwC could make some money off of it. While that situation continues to destroy PwC’s reputation […]
Florida Auditor Busted by SEC For Failure to Rotate
Come ON, man. This isn't even worth getting in trouble for. The Securities and Exchange Commission today sanctioned a Florida-based auditor for violating federal laws and regulations requiring lead audit partners to periodically rotate off their audit engagements with a publicly traded company in order to preserve the integrity of the financial reporting process. The […]