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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will. Michael Shaub of Texas A&M University talks about the PCAOB’s new standards in Bloomberg Tax. TL;DR It’s about time!

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Friday Footnotes: Where the Audit Jobs Are; Big BDO Hires; A New Gig For PwC Alum | 9.9.22

Going Concern

Although New York, Texas, and California dominated the number of jobs being offered for the roles analyzed, Florida was the only state to appear in the top five in each of the four positions reviewed. Supply and Demand. BDO bolsters audit practice with 600 new trainees following watchdog’s damning criticism [ City A.M.

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Dutch KPMG Cheaters Might Get a Call From the PCAOB

Going Concern

KPMG Nederland director Marc Hogeboom is also stepping down as boss of the accounting arm, but remains an auditor and partner at KPMG. The moral cowardice in public accounting worldwide just stuns me sometimes. There is no room for doubt about the integrity and professional competence of accountants.

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Friday Footnotes: Retired EY Partners Hate on the Split; It’s a Raid!; ‘An Alphabet Soup of Technology’ | 11.18.22

Going Concern

Bam is a chartered accountant and an outstanding South African. Meanwhile, Deloitte affiliates are at number 3 with 141 clients and Grant Thornton Bharat LLP associates have taken the fourth spot with 87 audits, as per the study of auditors of all listed companies. After 1,600 auditors combed through DOD’s $3.5

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Friday Footnotes: CPA Says Stop ERC Fearmongering; Deloitte Cussed Out For ‘Grueling Culture’; Worst Books Ever | 2.23.24

Going Concern

Advice What I did next [ Deloitte ] Deloitte alumnus Aaron Westgate talks about teaching accounting. Q: What advice would you give your student working on their first project as qualified auditor? Too many times, I have seen people treat others ‘because that’s the way I was treated’.

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Friday Footnotes: EY Can’t Hire Tech; John Doe Sues the PCAOB; Auditors Can’t Find Torpedoes and Missiles | 1.20.03

Going Concern

Under rules introduced in 2016, large UK-listed companies are required to change auditor at least every 20 years and to run a competitive tender once a decade. Germany’s Commerzbank sues EY for Wirecard losses [ Reuters ] The German lender Commerzbank (CBKG.DE) is suing accounting firm EY over the 200 million euros ($216.12

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Monday Morning Accounting News Brief: Big 4 Hired Fewer Grads; Speed Dating For Accounting Students | 2.3.25

Going Concern

But it turned out that both financial documents were falsified and that the Ethos CEO had forged the signature of an auditor from a San Diego accounting firm to lend legitimacy to the asset statement. 24-25 at Deloitte University, Deloitte’s landmark campus for learning and leadership development in Westlake, Texas.

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