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We’ve raced through the five stages of grief over whether or not the US and, by default, the rest of the world, is in a recession in lightening quick time.
Wasn’t it just a month or two ago that the point was being debated, denied? Now the media and other sages, at least, if not [...]
The WSJ does have a story about Jérôme Kerviel’s new job, but still no story about Ernst & Young’s merger move in the rest of the world outside the US.
And here I thought I had to post at 11:00 pm on a Sunday night to beat the US business media to the story.
I guess not. [...]
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Undoubtedly, no one checked the quotes first. John Griffith-Jones is one slick dude. But even he must know that it’s best not to rub it in his clients’ faces.
Mr. Griffith-Jones believes that his clients are so, so afraid of another auditor collapse, they are willing to give away their right to recourse [...]
I love to get mail from other firms that focus on professional services firms as an industry.
This note came from Michael Roch at Kerma Partners in response to my post about the audit firms’ ”global networks.”
Dear Francine,
…I am a London-based partner of Kerma Partners; we are a strategy consulting firm to international professional services firms [...]
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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 quick [...]
 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, "Accounting Watchdog" at Forbes.com and "Accountable" at American Banker. For more information, click "About" at the bottom of this page. Your firm can sponsor this specialized news site. For more information contact Francine McKenna, fmckenna@mckennapartners.com |
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