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Category: Audit

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Senators Yell at the PCAOB Because BDO’s Auditing Sucks
  • Audit
  • BDO
  • News
  • PCAOB

Senators Yell at the PCAOB Because BDO’s Auditing Sucks

  • Adrienne Gonzalez
  • October 10, 2024

As you may have heard, BDO’s last PCAOB inspection was ass with an impressively bad […]

Brit Audit Cops Want Firms to Snitch if Private Equity is Sniffing Around
  • Audit
  • Industry Trends
  • News

Brit Audit Cops Want Firms to Snitch if Private Equity is Sniffing Around

  • Going Concern News Desk
  • September 30, 2024

UK audit cops at the Financial Reporting Council (FRC) have told firms they’re expected to […]

The Metaverse’s First Accounting Firm Won’t Be Paying These Big Old SEC Fines in Crypto We Assume
  • Audit
  • Firm Watch
  • Technology

The Metaverse’s First Accounting Firm Won’t Be Paying These Big Old SEC Fines in Crypto We Assume

  • Adrienne Gonzalez
  • September 19, 2024

Hey remember the metaverse? Thank goodness generative AI swooped in and made everyone forget about […]

China Puts PwC in the Punishment Corner For Six Months and Confiscates ‘Illegal Gains’
  • Audit
  • PwC

China Puts PwC in the Punishment Corner For Six Months and Confiscates ‘Illegal Gains’

  • Going Concern News Desk
  • September 13, 2024

Well we knew this was going to happen. Various media outlets are reporting that China […]

Layoff Watch ’24: Deloitte’s Busy Scaring People with Business Update Meetings
  • Audit
  • Big 4
  • Deloitte
  • News

Layoff Watch ’24: Deloitte’s Busy Scaring People with Business Update Meetings

  • Going Concern News Desk
  • August 28, 2024

Someone brought it to our attention earlier that quite a few people on r/Deloitte are […]

BDO Aced Its 2023 PCAOB Inspections! JK, It Was F**ked
  • Audit
  • BDO
  • PCAOB

BDO Aced Its 2023 PCAOB Inspections! JK, It Was F**ked

  • Going Concern News Desk
  • August 20, 2024

BDO USA’s 2023 PCAOB inspection is out and Financial Times‘ article about it is pretty […]

“There is a Risk That PE Investors May Lack a Deep Understanding of Audit Practice Objectives”
  • Audit
  • Industry Trends

“There is a Risk That PE Investors May Lack a Deep Understanding of Audit Practice Objectives”

  • Adrienne Gonzalez
  • August 19, 2024

Tucked 22 pages deep into the Financial Reporting Council’s 2024 Annual Review of Audit Quality […]

EY UK Gets Hit With a Weakass Fine for an Ethics Conflict
  • Audit
  • EY
  • News

EY UK Gets Hit With a Weakass Fine for an Ethics Conflict

  • Going Concern News Desk
  • August 9, 2024

FT reported on Wednesday that the King’s EY was hit with a £295,000 fine ($376,309 […]

Maybe AI Will Help KPMG Finally Get Gud at Auditing
  • Audit
  • KPMG
  • Technology

Maybe AI Will Help KPMG Finally Get Gud at Auditing

  • Going Concern News Desk
  • July 30, 2024

Yesterday, KPMG announced it is integrating generative AI into its in-house audit system called Clara. […]

The PCAOB Asked Big Firms How They’re Using Generative AI
  • Audit
  • Technology

The PCAOB Asked Big Firms How They’re Using Generative AI

  • Going Concern News Desk
  • July 23, 2024

Be aware, audit firms. The PCAOB is sniffing around about your use of generative AI […]

King Charles Gives Audit Reform a Shout-Out, Guy Not at Big 4 Complains Big 4 Gets All the Business
  • Audit
  • News

King Charles Gives Audit Reform a Shout-Out, Guy Not at Big 4 Complains Big 4 Gets All the Business

  • Going Concern News Desk
  • July 17, 2024

In the King’s Speech today, King Charles says (timestamped below) “bills will be brought forward […]

Layoff Watch ’24: Things Aren’t Looking Good at PwC China [UPDATED]
  • Audit
  • News
  • PwC

Layoff Watch ’24: Things Aren’t Looking Good at PwC China [UPDATED]

  • Going Concern News Desk
  • July 16, 2024

In an exclusive, Reuters is reporting this morning that PwC China might cut as much […]

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Career Advice

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The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

woman with glasses being interviewed for a job

Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

bird in nest checking its undercarriage, a fool

Mischievous Deloitte Partner on Why ‘Keep Doing What You’re Doing’ Is the Worst Career Advice

  • Adrienne Gonzalez
  • May 14, 2024

Financial Review has profiled Deloitte Australia boss Adam Powick and we're choosing to ignore the ongoing drama over there on that side of the world to instead latch onto this…

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