McKenna To Speak At IIA Chicago 50th Annual Seminar
By Francine • Dec 27th, 2009Save the date. I have been invited to speak at the 50th Annual IIA Chicago Chapter Annual Seminar, April 19th, 2010.
Archive for December, 2009
The Problem With Value: Professor Bob Graff
By Francine • Dec 24th, 2009Bob Graff is a retired PricewaterhouseCoopers partner living in South Korea. This guest post was written exclusively for re: The Auditors.
A Vote For Blogs: Professor David Albrecht
By Francine • Dec 20th, 2009Professor David Albrecht writes: If you don’t yet spend much time reading blogs, I recommend that you start. I think many blogs are good enough to merit required reading status in your courses.
EY Settles SEC Charges Re: Bally’s Fraud-Lives To Audit Another Day
By Francine • Dec 17th, 2009The SEC accused Ernst & Young of issuing unqualified audit opinions that said that Bally’s 2001 and 2003 financial statements conformed with U.S. accounting rules. Six of the Ernst & Young’s current and former partners agreed to settle SEC accounting violation charges as part of this investigation.at least two of the EY partners charged, Fletchall and Sever, held leadership positions with the AICPA in the past.
A Guest Post From Brunei’s Pengiran Izam
By Francine • Dec 15th, 2009Pengiran Izam summarizes the 16th ASEAN Federation of Accountants conference in Brunei.
re: The Auditors Named One of 75 Best Business Blogs of 2009: Business Pundit
By Francine • Dec 15th, 2009re: The Auditors was named one of the best business blogs of 2009 by Business Pundit.
Continuing The Conversation: If Auditors Weren’t There, Why Not?
By Francine • Dec 14th, 2009“If not, why not…” We’re talking about the auditors’ failure to be a force either before, during, or after the financial crisis…Only legally required compliance keeps us walking like dizzy children through in this hall of mirrors, never reaching the exit and sunshine.
@Going Concern “Are New Graduates Getting Squeezed By The 150 Hour CPA Requirements?”
By Francine • Dec 9th, 2009How can an undergrad with a <150 hour degree get the extra hours to qualify for the CPA exam once he starts working eighty hour weeks? Accounting is still touted in the media as a safe career. Is that really the case?
They Weren’t There: Auditors And The Financial Crisis
By Francine • Dec 7th, 2009When I ask, “Where were the auditors?” and decry the fact that “they weren’t there,” it’s not due to some unreasonable, unfair focus on the most milquetoast of potential culprits. I bang this drum because the auditors should have been there, as a last stop, where the buck should have stopped, as gatekeepers, watchdogs, advocates, and the last bastion of standards and expected values shareholders can look to.
But they weren’t.
Francine McKenna (@retheauditors) has more than twenty-five years of experience in consulting and professional services including tenure at two Big 4 firms, both in the US and abroad. Look for my column, 