Posts

Getco Acquires Knight Capital: No Auditor Was Harmed In The Process

Getco’s deal for Knight Capital was a good-old reverse merger, just like the chop suey the Chinese have been using to perpetrate frauds right under the SEC’s nose. Please read to the bottom. I don’t even have to make this stuff up anymore.

Communicating in the Time of Facebook: An OpEd By Roopen Roy

How do you connect with your target audience? Game-changing technologies influence how you communicate with the young (and the not-so-young) social media-savvy crowd.

Deloitte, HP And Autonomy: You Lose Some But You Win Some More, Much More

When HP announced its intention to acquire Autonomy, the British data analysis firm now mired in accusations of serious fraud, Deloitte probably shed some enormous tears of joy. Deloitte can now openly replace those Autonomy audit fees with guilt-free consulting and lucrative alliance deals.

McKenna Panelist At NYU On Auditor Independence And Consulting

I was at New York University’s Vincent C. Ross Institute of Accounting Research to speak on a panel that included Paul Volcker, Bob Herz and a lawyer representing PwC and EY. The Ross Roundtable on the “Impact of Reemergence of Consulting Practices at Major Audit Firms” was well attended.

Do It Yourself SEO: An Essay for Sundayed.com

How can I leave my readers with something they’ll remember, something to lead them back to me, something that encourages them to tell a friend about me?

McKenna Featured in Wired

Most initial news accounts of the Facebook S-1 focused on CEO Mark Zuckerberg’s Stalinist-like stranglehold on the stock, the strategy, and the board. Tim Carmody of Wired waited a while to file his story, after recording an hour of conversation with me on the phone a few Saturday afternoons ago, and Carmody got lucky. Apple announced some significant to changes in their corporate governance that contrasted sharply with Facebook and Zukerberg’s one-man band approach.

Building a Community Around Your Blog From Scratch – Ten Steps

Here are my ten steps to building my blog community. They might not work for everyone, but they’ve worked for me. This is not meant to be an all-inclusive list or all the details. Please let me know if you have any questions or want to dig into a subject further.

CNBC’S Carney Highlights McKenna And Forbes On Bank of America

John Carney, who runs the NetNet Blog at CNBC, wrote a column last week highlighting mine at Forbes.com on Bank of America and Warren Buffet. He picked my comments on PricewaterhouseCoopers, Bank of America’s auditor, to highlight.

Auditor Rotation Proposal Just More Spin via Storify

This is an experiment using a tool called Storify that combines text and Tweets. I’m not sure yet how to get the formatting perfect, but I thought you might like to see the results.

Being Expedient: PwC Settles Satyam U.S. Class Action

It was a quiet almost-end to a sordid chapter in PwC’s history. Last week I wrote about PwC’s settlement of their Satyam class action lawsuits in New York for Forbes. Here’s some additional commentary and analysis, including links to all the stories I’ve written about the scandal since it broke in January 2009.

A Case Study in IT Failure: Marin County v Deloitte Consulting and SAP

MP3 now available! I was a panelist for a teleconference discussion on the Marin County, CA lawsuit againt Deloitte Consulting and SAP for a failed systems implementation.