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Hiring Watch ’19: Grant Thornton U.K. Is Looking For Competent Auditors to...
Hey, auditors! How confident are you that you wouldn’t royally screw up auditing the financial statements of a well-known U.K. cafe chain and could uncover a £94 million accounting fraud? Pretty...
View ArticleKPMG U.K. Doesn’t Really Care If You Don’t Like How It Handled Complaints...
We were so busy trying to wrap our heads around the $50 million fine the SEC gave KPMG last week for its auditors’ involvement in two separate scandals and which of the two might be more damaging to...
View ArticleNo Auditor Swapping For International Olympic Committee
The IOC announced today that it will keep rolling with P. Dubs. The International Olympic Committee (IOC) has reappointed PricewaterhouseCoopers (PwC), the international professional services firm, as...
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Which KPMG Scandal Is Worse: PCAOB ‘Steal the Exam’ or CPE Training Exam...
Since Monday when the SEC announced it had fined KPMG $50 million for not one but two scandals involving auditor misconduct at the firm, I’ve been thinking about which scandal is worse. Is it KPMG...
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Former Marks Paneth Partner Admits to Screwing Investors Out of $2 Million
Steven Henning, CPA, a former partner-in-charge of advisory services at New York City-based Marks Paneth, could have as long as 20 years to think about his choices: Steven Henning pled guilty today...
View ArticleThe Lovefest For Ex-Deloitte CEO Cathy Engelbert Continues
Former Deloitte CEO Cathy Engelbert has been getting a lot of love lately. Last week, Glassdoor released its 2019 ranking of the top 100 CEOs in the U.S. based on anonymous employee reviews, and...
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Accounting Fraud Watch: Autonomy Trial, Patisserie Valerie Arrests, Longfin...
Plus, Patisserie Valerie’s ex-chairman doesn’t have nice things to say about Grant Thornton and Steinhoff warns of lingering damage from massive accounting fraud. Lynch says HP’s Meg Whitman couldn’t...
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Hiring Watch ’19: RSM Planning to Add to Its KC Headcount
Not Kansas City, KS, but Kansas City, MO, where in July 2020, RSM will be moving into a swanky new office space currently being developed in Country Club Plaza. RSM will occupy all of the ninth floor...
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Accountant In College Admissions Scandal Will Find Out In October When He’ll...
As expected, Steven Masera, the former accountant of the bogus nonprofit and college consulting company led by Rick Singer, pleaded guilty to one count of conspiracy to commit racketeering today in...
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According to This Infographic, You Guys Will Try to Expense Pretty Much Anything
One of the most fun things about business travel is seeing what you can get away with come expense report time. We’ve all taken liberties with our employer’s expense policy, although things I’ve put on...
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Sooooo Did Anyone Else Notice Thomson Reuters Just Bought Confirmation?
Thomson Reuters quietly buffed up its audit tool suite this week with the announcement that they’ve signed a “definitive agreement” to acquire Confirmation, everyone’s favorite way to get confirmations...
View ArticleAuditor Swap: KPMG No Longer a Smash Hit with Movie Theater Chain Cineworld
Sometimes relationships outlive their usefulness, especially when one partner takes the beer goggles off and realizes that the other partner has been acting kinda shady lately, become too expensive to...
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Survey Finds That Nearly a Third of KPMG Employees Aren’t Surprised by Latest...
In the competitive world of Big 4 recruiting, sometimes reputation is everything. Oh who are we kidding, the firms are all mostly the same — from work-life balance, pay, and even prestige — regardless...
View ArticleFriday Footnotes: A (Tax) God Among Men; A CPA Review-sary; CFO Gets Probed |...
Ed. note: Hey look, Footnotes is back! Y’all old-timers may recall Footnotes as a wrap-up of industry news too boring or too esoteric to deserve its own post, but relevant none-the-less. In our...
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Accountants Behaving Badly: Alyssa Milano Lawsuit Settled, Money Laundering,...
Here are some accountants who were up to no good last week. Alyssa Milano settles $10 million suit with former accountant [Variety] Actress Alyssa Milano has settled a legal battle with her former...
View ArticleExclusive: We Know What Mark Weinberger Will Be Doing That He’s Officially...
No one was as surprised as we were when the news broke late last year that Mark Weinberger was stepping down as global chairman and CEO of EY. Adding to the mystique of his unexpected departure, our...
View ArticleWhat Do Deloitte and Robbie Van Winkle Have In Common?
Ice, ICE, baby. Professional services and consulting giants Deloitte and Booz Allen Hamilton have collectively started $66,721,241 worth in contracts with the U.S. Immigration and Customs Enforcement...
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Mark Weinberger’s Best Moments as EY CEO, Ranked
Y’all remember back in the day when we used to do Ranked posts? Yeah, me neither. Mostly all I remember is Caleb saying he saw something similar on a far more popular blog than ours and was like “we...
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Let’s Give a Big Hand to BDO For Not Having the Worst 2017 PCAOB Inspection...
The PCAOB released the 2017 inspection report for BDO USA at the end of June, and while the firm should still hang its collective heads in shame for there being deficiencies found in nine of the 23...
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Deloitte U.K. Hit with Large Fine Over Its Incompetent Auditing of Serco...
It was Deloitte’s turn on the Financial Reporting Council’s dunk tank today, as the U.K. regulator fined the firm and one of its partners over the audits of the 2011 and 2012 financial statements of...
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