Both are accused of being corrupt. One gentleman has been under a cloud of suspicion for a while. He’s denied it and dared prosecutors to wiretap his conversations, to come and get him. He hid his activities in plain site. As visible as a major state Governor has to be, he also kept a low […]
Unfortunately, I was unable to attend the AICPA National Conference on PCAOB and SEC Developments in person. As much as I would have loved to be there live, to ask questions and, perhaps, walk all over the wafflers with my Manolos, it’s not always possible. In this case it may have been just as well. […]
Every once and a while someone asks me, “fm, how do you keep up with all the news, the stories? How do you know all this stuff?” Well…Although I have been accused of conceit, presumption, being “too smart,” being too quick to draw conclusions, painting a whole firm black on very little basis, precociousness, general […]
Picture Source Those of you who have been reading the blog for a while know that I nominated myself for the Standing Advisory Group last year, and was not chosen. I do not say rejected because, after feeling quite ignored, I later found a nice letter from Tom Ray in my mail, thanking me […]
Picture Source On March 13, 2008, the U.S. Treasury Advisory Committee on the Auditing Profession (ACAP), co-chaired by former SEC Chairman Arthur Levitt, Jr. and former SEC Chief Accountant Don Nicolaisen, met to discuss the preliminary recommendations of its subcommittees on human capital, [audit] firm structure and finances, and concentration and competition. Edith Orenstein was […]
Picture SourceThere were some very thoughtful comments to my post on Friday regarding the firms and their “global networks.” A couple of questions for my commenters: @Final Four Guy – I actually agree with your comments on this complex topic. But am curious where you think my comments are off base. As far as the […]
