Ernst & Young Completes Groundbreaking Globalization Move EY Partners Overwhelmingly Approve the Creation of EMEIA LONDON–(BUSINESS WIRE)–Ernst & Young today announces that its partners across Western and Eastern Europe, the Middle East, India and Africa have overwhelmingly approved the proposed integration of its country practices into a single EMEIA Area. The new Area will be […]
As those of you who follow my Twitters know, last Wednesday I had the good fortune to have dinner with our Governor and a few other State of Illinois executives and local entrepreneurs. Most were in the technology arena, as is my client, who I was there to support, cajole, nudge and share a rib […]
And I will have a report as soon as they are released. SocGen probe treads fine lineA report into the rogue trading scandal at Société Générale due tomorrow will be critical of the culture and behaviour of France’s second-biggest bank. The report is expected to detail how the bank flouted its own controls, making it […]
Michael David Thomas over at The Daily Caveat does a nice wrap up on the latest charges by the SEC against AOL/Time Warner. Who is AOL/Time Warner’s auditor? It has been Ernst and Young since before the merger between AOL and Time Warner in January of 2000. Ernst and Young was also AOL’s auditor before […]
J. Robert Brown over at Race To The Bottom is always good for thought-provoking insightful posts. That is if you like that sort of thing rather than short, tongue-in-cheek, throwaways. Which I do. So I have to have a “Black Eye” not a “Red Eye” before I sit down to see if he’s written anything new […]
Picture Source Paul S. Atkins, one of three Republican members of the Securities and Exchange Commission, said on Monday that he would leave the agency after his term ends next month. Mr. Atkins, widely considered the most conservative member of the S.E.C. in recent years with the strongest free-market bent, was appointed by President Bush […]
Go here for an exhaustive summary of the overtime pay situation in Canada. Krupo has even posted the links where you can file your claim. Hey Krupo, what about all those US staff being imported to Canada to do audit and SOx work for multinationals because the dollar is so weak? Do they get overtime […]
Picture Source April 15th is tax filing day in the US and re: The Auditors is not immune from this scourge. Actually, I don’t know why I put it off. My taxes support the Iraq war, deportation of hard-working immigrants and separation from their children and families, incompetent Attorney Generals (but there is some […]
Picture Source You already know what I think about both Say on Pay and Senator Obama. Now they have joined together in a wonderful way. It shouldn’t be surprising that Lloyd Blankfein is against it. Goldman Sachs chief executive Lloyd Blankfein made it clear he opposes the practice. Speaking at the investment bank’s annual meeting, […]
This blog has recently been reminding you of the independence standards imposed on the audit firms with regard to their relationships with their vendors. Don’t get me wrong… It’s not easy for anyone to keep it all straight. In my previous post on PwC’s relationship with Aramark as a vendor for its cafeteria, […]
More than 150,000 additional pages have been viewed since this was originally posted. I thought it was time to reprint this disclaimer, with a few updates, for my new readers. Salud! ************************************************** In the wake of my former firm’s current disclaimer of responsibility for the lucrative and once prestigious (?!?!) engagement they’ve had with Yukos […]
Photo Source There’s an ongoing dialogue related to my Big 4 Blind Items post. Specifically, someone added a comment regarding outsourcing/off shoring work by the Big 4 to India and other lower wage countries. My comment, regarding my experiences while a Managing Director for KPMG Consulting/Bearing Point in Latin America, is there, too. However, that […]
