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Friday Footnotes: KPMG’s ESG Conflict; PwC Fails to Deliver; FASB Turns Attention to AI | 3.3.23

Going Concern

Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues [ CoinDesk ] Marathon Digital (MARA) said it will need to restate portions of its audited 2021 results and currently unaudited quarterly reports from 2022 after an inquiry from the U.S. billion accounting. The error accounted for $3.5

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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

The revelation that Mr Endow reportedly ran the fund working as a partner at the firm, one of the world’s largest accounting and consulting firms, has raised concerns across the firm’s partnership. Those creditors include the UK tax authority, HMRC. Neither KPMG nor the official receiver would confirm the size of the settlement.

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