Broker-Dealer Audits Still Badly Broken

The PCAOB’s second “progress” report on broker-dealer audits found deficiencies in all of the audit firms inspected and in 57 of the 60 audits inspected. That’s not much progress.

McKenna At Georgia Southern Fraud and Forensic Accounting Conference

I spoke at the Georgia Southern University’s Center for Forensic Studies in Accounting and Business Sixth Annual Fraud and Forensic Accounting Conference at the Hilton Desoto, Savannah on May 15-17, 2012. My topic was “Auditors as ‘Whistleblowers’: The Auditors’ Responsibility to Report Fraud and Illegal Acts.”