Related Posts
Hi All!
Need likes for DM.
LA folks , who wants to get together? 😁
Diamond hands, peeps.
Additional Posts in Accounting
Happy impact day fellow Deloittians!
Do your managers let you roll your hours?
Well, ey connect day was pretty chill
Did anyone have a great Valentine's Day?
New to Fishbowl?
unlock all discussions on Fishbowl.
Tesla
Agree with manager 1 - EY doesn’t audit any firms that are that big
Yes EY audits amazon. lol
Mattress Firm
Definitely going to happen to KPMG
AndersEn
I don’t think there’ll be another fraud scandal that’ll bring down an entire firm and disrupt the whole industry like Enron did
It’s not a defense. I agree with you on the stupidity of it. I also agree it’s unethical.
I’m also here to tell you that every single other B4 had/has something similar.
Rising Star
I think Big4 should be held more accountable. Enforcement action is way down and when enforcement happens - it’s a joke.
The KPMG-PCAOB scandal should have been a big deal - a fundamental breakdown in trust and ethics in the CPA profession between auditors and oversight that the Government would not allow - and KPMG walked away with a slap on the wrist.
While I don’t think the Government should have shut down KPMG - they should have brought a lot more pain and suffering to KPMG so they understood the gravity of there actions.
Fun fact: KPMG audits the Department of Justice. Our federal practice is easily the best at the what it does, but when people talk about enforcement that wrinkle always is interesting.
It already happened: Wirecard. You're kidding yourself if you think the Germans will let Europe's biggest corporate fraud die easy.
Pro
Doesn’t Apple have like $200B cash on hand? I’m not too worried about them....
EY audits Apple, so no bank confirms.
The Trump Organization.
The United States of America. 😉