article thumbnail

Professor Accuses Professional Accountant Body of Hoarding Fines Like Smaug Hoards Gold

Going Concern

It appears the Institute of Chartered Accountants in England and Wales (ICAEW) has finally pushed Sheffield University’s Richard Murphy over the edge. The Professor of Accounting Practice at Sheffield’s Management School issued a new report chastising the group for hoarding funds.

article thumbnail

AuditClub Appoints PwC Veteran in Leadership Expansion

CPA Practice

Brian Yujuico has been named vice president and senior chief auditor at AuditClub, the Audit Service Center and creator of the innovative auditors-as-a-service model. In this newly created role, Yujuico, a Certified Public Accountant, will oversee day-to-day activities of the growing team of chief auditors, crew and cadets.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UK Accounting Watchdog Ramps Up Fines

PYMNTS

The newly aggressive tactics suggest the FRC took note of criticism by policymakers that the regulator was ineffective and “toothless” to address substandard auditing by the nation’s Big Four auditors: KPMG, PwC, Ernst & Young and Deloitte. Meanwhile, other lawmakers have called on the FTC and the U.K.’s

article thumbnail

Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Racial diversity in accounting has been treated as a “box-ticking exercise”, Atul said to The Mail on Sunday in December, even when professions are a magnet for minorities. The Town Board of Trustees originally requested that the State Auditor and Inspector’s Office perform an investigative audit of municipal court transactions.