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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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Friday Footnotes: Burner Phones For Big 4 Firms; Mandatory Unpaid Leave Rumors; CISOs Hate on CPAs | 12.1.23

Going Concern

Chartered* accountancy? Chartered Accountancy. As of 2023, 64% of certified accountants are White. chair and senior partner at PwC and the 2023 undergraduate Commencement speaker, addressed the students and their loved ones about the importance of “leading with love” and fostering trust in the workplace.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

pic.twitter.com/FQcm4AXSdg — Barbara Pocock (@BarbaraPocock) February 27, 2024 Chartered Accountants mistakenly let ex-PwC partner avoid investigation [ Financial Review ] Speaking of Peter Collins, AFR is still on the beat like a tick on a dog’s ass. Audit Deficiencies by Accounting Giants Grew in Latest Inspections, U.S.

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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

FORVIS Nonprofit Study Reveals Strong Demand for Services Alongside Ongoing Workforce Shortages, Inflation [ Business Wire ] FORVIS published its annual national nonprofit study on February 22, revealing that 71% of nonprofits had increased demands for their programs and services in 2023, resulting in waitlist increases and delays.

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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. link] — Mike Shaub (@mikeshaub) July 17, 2023 Netherlands Authority for the Financial Markets Director Hanzo van Beusekom (what an incredible name) said he is shocked by the scale of this exam fraud.

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Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?; PwC: ‘Burnout Should Be a Concern’ | 9.5.23

Going Concern

Although one academic said the concentration of fees and clients in the ASX 200 showed that the market was an oligopoly, a representative of professional body Chartered Accountants ANZ played down the dominance of the big four at the top end of town. The post Tuesday Morning Accounting News Brief: Getting Roofied at KPMG?

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Monday Morning Accounting News Brief: EY Partners Banging the Client Again; Turnstile Data Shows Staff DGAF About RTO | 1.29.24

Going Concern

has hired KPMG LLP to vet its financial statements almost three months after its auditor of 28 years quit amid a tumultuous period for the food storage container business. Tupperware hired the Big Four auditor on Jan. 5 letter from district administrator Joe Phillips to Chief Auditor Joris Jabouin.

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