Going Concern

DECEMBER 15, 2023

Cheaters What went wrong at PwC Canada: Accounting firm agrees to pay $1.45-million million to settle exam cheating scandal [ Canadian Accountant ] The Canadian member firm of PricewaterhouseCoopers International has agreed to pay the Chartered Professional Accountants of Ontario $1.45

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Going Concern

OCTOBER 30, 2023

Instead, KPMG leaked my private texts – but I stand by every furious word I said Nyunggai Warren Mundine has doubled down after his foul-mouthed text messages to a top accounting firm were leaked. Tupperware noted there is not dispute between it and the firm. It’s more than $1.8

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Reckon

AUGUST 9, 2022

When blockchain technology in accounting becomes more prevalent, record keeping and transactional accounting will become even more automated. This is also true of auditing – there will be the potential of an ‘always-on’ auditing methodology. What the top accounting firms are saying about blockchain.

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Going Concern

MARCH 9, 2022

The latest top accounting firm to turn its back on Russia and Belarus is No. noted today that Unicon is not currently a part of BDO’s global network after BDO divorced itself from the Russian firm last year due to a conflict of interest.

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Going Concern

AUGUST 30, 2024

Accountancy firms fight back against audit reforms [ Financial Times Opinion ] A new rule agreed by the US audit regulator, the Public Company Accounting Oversight Board, will force each of the biggest firms to establish a body to oversee quality control, and to make sure at least one person on it comes from outside the firm.

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Going Concern

NOVEMBER 13, 2023

EY’s forthcoming PCAOB deficiency rate sucks harder than its competitors : EY aims to shake up US audit business after ‘unacceptable’ number of flaws The PCAOB had examined 54 audits carried out by EY US in 2022 for its latest round of inspections and found flaws in 46 per cent of them, the firm said. It’s you again.

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Going Concern

FEBRUARY 2, 2024

PwC said on Monday that it had identified 129 breaches of independence rules affecting 74 clients and PCAOB inspectors had found a further one themselves while inspecting audit work in 2022. The figures were included in an update to PwC’s audit quality report, published on its website.

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