PwC South Africa Executive Learns That Being a Racist D-Bag In an Airport...
Protip: If you’re an entitled, old, racist white guy, it’s not wise to go on a rant against black people in an airport when the whole world can whip out their smartphones and record you being a...
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When It Comes to Audit Quality, Deloitte Is the KPMG U.S. of Australia
And that’s not a compliment. The Australian Financial Review reports: Deloitte has attacked the way the corporate regulator assesses audit quality as inaccurate, “not fit for purpose” and too volatile,...
View ArticleHiring Watch ’19: Hey Auditors, PwC U.K. Now Has 500 Job Openings For You to...
Whoa, if you haven’t seen by now, the Queen’s PwC announced some pretty big news earlier today. The Wall Street Journal reported: Professional-services firm PricewaterhouseCoopers LLP on Wednesday...
View ArticlePromotion Watch ’19: Baker Tilly Admits 20 New Partners, 11 of Whom Are Women
The smell of fresh partners has been permeating through the air this week. First, PwC unleashed its 2019 class of 249 new partners and principals on the 50 states and Mexico on May 31. Then earlier...
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KPMG U.K. Partner Accused of Being a Bully Decides He Probably Shouldn’t Be a...
Remember that KPMG U.K. male senior partner we told you about last week, the one who was accused of being a bully and was found by the firm to have acted like a jerk but not a bully when he was...
View ArticleHere’s How to Study For the CPA Exam and Still Salvage a Decent Summer
I dunno about you but I’ve been in a real funk since at least October. Maybe it’s just a seasonal thing, maybe I need professional help idk, but either way, summer really surprised me. It was like one...
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Promotion Watch ’19: DHG Admits 7 New Partners, New MP and 11 Partners at...
New partners were deified recently at DHG, Wipfli, and BDO U.K., plus new leaders were named at Wipfli and PwC in South Africa. Dixon Hughes Goodman admits seven new partners and principals Seven lucky...
View ArticleMan Who Was Arrested For Repeatedly Stabbing a Hiker Near Los Angeles...
We got a tip the other day that said an employee of one of the top accounting firms in the U.S. got into some trouble with the law last week: Look into the stabbing from Altedena on May 29th. The...
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Here’s More Proof That KPMG U.K. Totally F*cked Up the Way It Handled...
The Financial Times reported today that three—THREE—senior executives at KPMG U.K. were aware of and ignored concerns from staff as early as 2017 alleging senior partner Sanjay Thakkar was acting like...
View ArticleThere’s a Good Reason Why Andersen Global Firms Don’t Do Audit Work, Chairman...
“[T]he Andersen name may have some negative connotations in audit.” — Mark Vorsatz, Andersen Global chairman and Andersen Tax CEO, who is a former Arthur Andersen partner, on why Andersen Global firms...
View ArticleDeloitte’s Giving Spirit Is Almost Old Enough to Drink
What I’m about to say may come as a shock to you, dear reader, if you’re at all familiar with the comings and goings of this here website over the years. Believe it or not, there are people out there...
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We’re Sure Mike McGuire Will Be Dynamic In His New Role as Grant Thornton...
Bear with me, I’m writing this on my phone at the side of a pool. Anyway, talk about your Friday night news dumps. This came out of the blue: Grant Thornton LLP, the U.S. member firm of Grant Thornton...
View ArticleMother Nature Vandalized a Bunch of Windows at KPMG Building In Dallas
A powerful storm with high winds hit the Dallas area during the afternoon on June 9, blowing out the windows of some downtown skyscrapers, including the building where KPMG is located. The NBC...
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Accountants Behaving Badly: Lots of Theft, Ponzi Scheme, Tax Evasion
Here’s a roundup of some bad stuff accountants did or were accused of doing over the past week or so. Auto shop accountant charged with stealing over $175K from employer [Chicago Sun-Times] Rungnapa...
View ArticleAccounting in 2040: 4 Ways the Industry Will (Probably) Change in 20 Years
What will the accounting industry look like in 2040? Will Skynet launch a nuclear apocalypse, leaving robots to inherit Earth’s charred, radioactive remains, or will it just ruin the Terminator...
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PCAOB Doesn’t Take Kindly to Auditors Who Alter Audit Documentation Prior to...
For years, the PCAOB has pleaded with auditors to quit altering audit workpapers after being notified of an inspection, and some auditors continue to thumb their noses at the PCAOB. Like Humayoun Khan,...
View ArticleJury Selection In Amber Guyger Murder Trial to Begin Exactly One Year After...
Two noteworthy things came out of former Dallas police officer Amber Guyger’s first court appearance on June 6 before the judge who will preside over her murder trial in the slaying of PwC accountant...
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KPMG Australia Partner Pleaded Guilty to Stabbing a Dude with a Corkscrew...
What’s with accountants stabbing people lately? First, we had the BDO Los Angeles guy who stabbed a hiker with a knife in California late last month. Now we have a KPMG Australia senior partner who...
View ArticleHere’s Your Open Thread For the Third CPA Exam Score Release of Q2 2019
My, time flies when you’re mired in the misery of sitting for the CPA exam, don’t it? Today, NASBA received and processed an absolute shitton of scores from the AICPA, making this another CPA exam...
View ArticleDeloitte Australia Told to Stop Bitching About Regulator and Do Better at...
Last week, the Australian Financial Review reported that a regulator’s inspections of a small risk-based sample of public company audits found that Deloitte’s audit quality was the worst of the Big 4...
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