Comments on: Watch Banks Pull Rabbits Out of Hats, Ably Assisted by Their Auditors

By: re: The Auditors » Blog Archive » @Forbes “Why Banks, And Their Auditors, Are Getting Away With Financial System Murder”

Mon, 14 Mar 2011 18:11:12 +0000

[...] we have a bank, let’s say it’s Citigroup this time, that’s told by their regulator – or maybe even their auditor – serious control problems exist, threatening the reliability and veracity of their financial [...]

By: Why Banks, And Their Auditors, Are Getting Away With Financial System Murder - Francine McKenna - Accounting Watchdog - Forbes

Mon, 07 Mar 2011 23:56:37 +0000

[...] a bank, let’s say it’s Citigroup this time, that’s told by their regulator – or maybe even their auditor – serious control problems exist, threatening the reliability and veracity of their financial [...]

By: A Sell Signal You Can “Bank” On - Francine McKenna - Accounting Watchdog - Forbes

Tue, 25 Jan 2011 21:17:00 +0000

[...] auditors. The coalition demanded that the bank Audit Committee Chairmen hire new advisors, not the bank’s current audit firm, to perform the reviews. “For the purposes of this review, we do not consider your existing audit [...]

By: McKenna: Ten things you should know about ‘Big Four’ audit firms | Ian Fraser

Tue, 28 Dec 2010 14:49:05 +0000

[...] remaining that have the depth and global breadth to serve the largest multinationals. Each one is working for almost every bank on Wall Street and in The City in some form or another. Independence rules make walking this line a [...]

By: re: The Auditors » Blog Archive » Big 4 Bombshell: “We Didn’t Fail Banks Because They Were Getting A Bailout”

Thu, 25 Nov 2010 18:31:42 +0000

[...] asked the question many times why there were no “going concern” opinions for the banks and other institutions that were bailed out, f… here in the US. I’ve never received a good answer until now. In fact, I had the [...]

By: re: The Auditors » Blog Archive » Systemic Risk! Dominance! Momentum! Auditors In Crisis. Again.

Fri, 15 Oct 2010 22:48:17 +0000

[...] Ernst & Young’s role in the Lehman bankruptcy lasted about a month here. Hell, we still haven’t seen any Congressional inquisitors call Ernst & Young to testify at a public hearing about Lehman or any other audit firm to testify about all the other failures, [...]

By: re: The Auditors » Blog Archive » Top Ten Things Lawyers Should Know About Auditors

Sun, 19 Sep 2010 21:09:57 +0000

[...] global firms remaining that have the depth and global breadth to serve the largest multinationals. Each one is working for almost every bank on Wall Street and in The City in some form or another. Independence rules make walking this line a [...]

By: re: The Auditors » Blog Archive » With Cassano Off The Hook, Where Does PwC Hide In The AIG Case?

Tue, 27 Jul 2010 16:16:59 +0000

[...] PwC, with KPMG, continues to allow their clients to delay asset markdowns, thereby only delaying inevitable losses to shareholders. [...]

By: Accountant Turn-ons | 07.23.10 | Accountants are Sexy

Accountant Turn-ons | 07.23.10 | Accountants are Sexy — Tue, 27 Jul 2010 03:58:59 +0000

[...] Watch Banks Pull Rabbits Out of Hats, Ably Assisted by Their Auditors [Re: The Auditors] [...]

By: AECM Bloggers « The Summa

AECM Bloggers « The Summa — Mon, 26 Jul 2010 04:03:15 +0000

[...] Heel Girl,” for what she pokes into the Big 4 for shoddy auditing. Her recent post, “Watch Banks Pull Rabbits Out of Hats, Ably Assisted By Their Auditors” pretty much sums it [...]