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Prem Sikka: Hold company directors to account | Comment is free | guardian.co.uk
Prem draws attention to the 'duty of care' issue that bedevils the profession. Many good comments.
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re: The Auditors: Treasury Appoints PwC and EY - The Wolves Are In The Henhouse
Francine goes off on a tear but who can blame her? The debacle that is unfolding shows no signs of root and branch correction. That's the fundamental key to setting things right.
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re: The Auditors: Hello? Big 4? Are You Out There?
So the real question: any impact on the Big 4? I hope so but somehow doubt it - at least in the short term.
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re: The Auditors: Big 4 Overtime - An Update From Canada
All the Big Four fall into line. Didn't take long but then the threat of lawsuits...
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re: The Auditors: Day 1 - The Rest of The Gang: Scott Taub
Are you suggesting that if a company disagrees with the auditor's suggested restatement, that they go to the SEC and appeal? Maybe they should educate themselves and/or hire an independent consultant with GAAP expertise who can advise them and help them debate the issue credibly with the auditor. After all, the auditor holds all the cards, dontcha' think? - that kinda nails it
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re: The Auditors: On Being Held Accountable And Being A Fall Guy
It's only right that those who are at the helm be held accountable. Trouble is, the don't like it.
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re: The Auditors: File This Under Dumb
I love it when Francine finds KPMG 'funnies' - this one is definitely funny, but in the odd sense.
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re: The Auditors: You Thought Backdating Was On The Back Burner?
It seems incredible that in this day and age, people continue to think they can get away with backdating.
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re: The Auditors: Delta And Northwest Merge - No Auditors Were Harmed In The Process
Ernst and Young audits both companies.
Instead of two smaller losers, now they're going to audit one really big one.
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