Archive for the ‘PricewaterhouseCoopers’ Category

Approved! All Together Now – EY To Be One Firm (Except US, Of Course)

By Francine • Jun 3rd, 2008

Ernst & Young Completes Groundbreaking Globalization Move
EY Partners Overwhelmingly Approve the Creation of EMEIA
LONDON–(BUSINESS WIRE)–Ernst & Young today announces that its partners across Western and Eastern Europe, the Middle East, India and Africa have overwhelmingly approved the proposed integration of its country practices into a single EMEIA Area.
The new Area will be a US$11 billion [...]

Share


SocGen And PwC – They Still Don’t Know Jack…

By Francine • May 26th, 2008

As those of you who follow my Twitters know, last Wednesday I had the good fortune to have dinner with our Governor and a few other State of Illinois executives and local entrepreneurs. Most were in the technology arena, as is my client, who I was there to support, cajole, nudge and share a [...]

Share


SocGen – New Reports Due Today

By Francine • May 23rd, 2008

And I will have a report as soon as they are released.

SocGen probe treads fine lineA report into the rogue trading scandal at Société Générale due tomorrow will be critical of the culture and behaviour of France’s second-biggest bank.
The report is expected to detail how the bank flouted its own controls, making it easier for [...]

Share


Nickels and Dimes – They Add Up…

By Francine • May 20th, 2008

Michael David Thomas over at The Daily Caveat does a nice wrap up on the latest charges by the SEC against AOL/Time Warner.

Who is AOL/Time Warner’s auditor?

It has been Ernst and Young since before the merger between AOL and Time Warner in January of 2000.  Ernst and Young was also AOL’s auditor before the merger. [...]

Share


Presidential Endorsements, Politics, and Arthur Levitt

By Francine • May 19th, 2008

J. Robert Brown over at Race To The Bottom is always good for thought-provoking insightful posts.  That is if you like that sort of thing rather than short, tongue-in-cheek, throwaways.

Which I do.

So I have to have a “Black Eye” not a “Red Eye” before I sit down to see if he’s written anything new and interesting. [...]

Share


Good Riddance

By Francine • May 6th, 2008

Picture Source

Paul S. Atkins, one of three Republican members of the Securities and Exchange Commission, said on Monday that he would leave the agency after his term ends next month.

Mr. Atkins, widely considered the most conservative member of the S.E.C. in recent years with the strongest free-market bent, was appointed by President Bush in July [...]

Share


Canada and Overtime

By Francine • Apr 29th, 2008

Go here for an exhaustive summary of the overtime pay situation in Canada.  Krupo has even posted the links where you can file your claim. 

Hey Krupo, what about all those US staff being imported to Canada to do audit and SOx work for multinationals because the dollar is so weak?  Do they get overtime too [...]

Share


Let’s Talk About Tax, Baaaaaaaa beeeeeeeee

By Francine • Apr 15th, 2008

Picture Source
April 15th is tax filing day in the US and re: The Auditors is not immune from this scourge. 

Actually, I don’t know why I put it off.  

My taxes support the Iraq war, deportation of hard-working immigrants and separation from their children and families, incompetent Attorney Generals (but there is some justice in the [...]

Share


Yea For Say On Pay From Next President Of USA

By Francine • Apr 11th, 2008

Picture Source
You already know what I think about both Say on Pay and Senator Obama. Now they have joined together in a wonderful way. 
It shouldn’t be surprising that Lloyd Blankfein is against it.
Goldman Sachs chief executive Lloyd Blankfein made it clear he opposes the practice. Speaking at the investment bank’s annual meeting, he said [...]

Share


The Big 4 And Their Travel Card Relationships – Comfy And Cozy

By Francine • Apr 9th, 2008

This blog has recently been reminding you of the independence standards imposed on the audit firms with regard to their relationships with their vendors.  
Don’t get me wrong…  It’s not easy for anyone to keep it all straight.  
In my previous post on PwC’s relationship with Aramark as a vendor for its cafeteria,  in response [...]

Share