The Year in Review: Accounting and Auditing
What a year. In 2019, we cheered as the U.S. captured another title in the women’s World Cup, watched in horror as Notre Dame burned, and, at long l...
Is “Transformation” Breeding Suspicion at PCAOB?
We’re hearing quite a bit lately about whistleblowers in the world of politics. Who’s ready for some whistleblowing in the controversial realm of ...
New Intelligize Report Digs Into CAM Preparations
Critical audit matters. The term itself sounds like a big deal, and a new report from Intelligize indicates that they will significantly impact public...
Auditor Independence Comes to Fore in 2019
One issue that has kept financial regulators sneakily busy in 2019 is auditor independence. Both the SEC and the Public Company Accounting Oversight B...
KPMG Dinged $50M For Audit Inspection Scheme
The SEC called them unacceptable and astonishing. Now, KPMG gets to call them old news. We’re talking, of course, about the SEC’s allegations that...
PCAOB Issues Guidance on Critical Audit Matters
Major League Baseball held this season’s Opening Day festivities last week, marking the official start of the 2019 season. Players who reported for ...