Going Concern

OCTOBER 21, 2022

KPMG flunks US overseas audit inspections twice as often as rivals [ Financial Times ] US regulators were twice as likely to find flaws in audits conducted by the overseas affiliates of KPMG than those of any other Big Four accounting firm, an analysis of inspection data shows. Accounting Firm Mergers. Understaffed?

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Going Concern

DECEMBER 9, 2022

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. The Justice Department has accused Rikesh Thapa of defrauding his startup tech firm of more than $1 million in U.S. Something’s up.

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Going Concern

AUGUST 26, 2022

While you’re here, allow us to pester you to sign up for our newsletter to get accounting headlines twice a week. KPMG to Cut Manhattan Office Space in Move to New U.S. We found Barry Melancon’s Reddit account. Do we need accounting firms? Happy weekend! and China Announce Deal to Share Audits of U.S.-Listed

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