Friday Footnotes: Big 4 Pride; KPMG Gets Snubbed; EY Goes on a Poaching Spree | 6.3.22
Going Concern
JUNE 3, 2022
The Financial Accounting Standards Board adopted CECL in 2016, prompted by criticism that banks had booked losses too slowly in the run-up to the 2008 financial crisis. Grier’s departure was announced in February, after she informed EY’s U.S. partnership that she wouldn’t seek reelection in October, the Financial Times said.
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