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Friday Footnotes: PwC Partners Get Played; Bad Accounting on the Rise; Getting to the Bottom of the Shortage | 9.1.23

Going Concern

Audit Battle lines drawn over auditors’ role in combating fraud [ AccountancyAge “Patisserie Valerie pushed the issue of auditor responsibility [for fraud detection] to the fore after so many accounting scandals. Lewis, also a partner in KPMG’s audit practice, succeeds Paul Croston, who will retire on Sept.

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Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

Going Concern

Audit Deloitte Hit by Record China Fine, Suspension Over Huarong [ Bloomberg News ] China suspended the operations of Deloitte & Touche LLP’s Beijing office for three months and fined the firm after a review of its work on auditing of China Huarong Asset Management Co. The firm was fined about 212 million yuan ($30.8