Columbia Journalism Review Cites McKenna For Ernst & Young Lawsuit Coverage
By Francine • Jan 2nd, 2011CJR recently complimented my writing in Forbes on the New York Attorney General’s case against Ernst & Young over Lehman.
Archive for the ‘You Can Quote Me On That’ Category
@Forbes: Wikileaks and Banks, Federal GAAP – A Deloitte Tale
By Francine • Dec 3rd, 2010Which bank should feel threatened by Assange and Wikileaks? I’m betting on Citigroup. And…Did you know the Federal Reserve Bank makes up its own accounting principles? Call it “Government GAAP”, but don’t call it fair value.
GM’s Audit Flubs: A Video For The Street.com
By Francine • Nov 20th, 2010While I was in New York last week for the FEI Current Financial Reporting Issues conference, I taped a spot for The Street.com on the November 18th GM IPO. I was against the GM bailout. I’m embarrassed by how the administration has manipulated this “resurrection” of GM.
Approva Interviews McKenna For Their “Control Freak” Q&A
By Francine • Oct 6th, 2010“Happy Wednesday, everybody! Great news — we’ve got another in our ongoing Interview the Interviewers series, wherein we talk with industry hotshots about control in their work and personal lives. This week we got to talk with our longtime friend (and prolific blogger/tweeter) Francine McKenna, of Re: The Auditors. Hope you enjoy it as much as [...]
McKenna Quoted In American Banker Re: Balance Sheet “Window Dressing”
By Francine • Sep 19th, 2010Jeff Horwitz from American Banker asked me if I thought more and more frequent disclosure would solve the problem, as it has been defined. I was not sanguine.
re: The Auditors In The Columbia Journalism Review for KPMG/Countrywide/New Century Coverage
By Francine • Aug 27th, 2010Dean Starkman edits The Audit, a critique of the business press at the Columbia Journalism Review.
I had the good fortune to be cited recently – it’s the fourth time if you’re keeping count – by The Audit and Starkman for my coverage of KPMG’s settlements of their Countrywide and New Century litigation.
Speaking of accounting—Re: The [...]
McKenna Cited By The Financial Times Re: Deloitte’s Flanagan
By Francine • Aug 10th, 2010The SEC’s charges against Deloitte’s former Vice Chairman Tom Flanagan were settled on August 4th. The complaint, filed in a District Court in Chicago where Mr. Flanagan resides, details what the SEC could prove, within a reasonable amount of time. There were many more instances of illegal and unethical activity alleged by Deloitte in their [...]
McKenna Quoted in St. Petersburg Times
By Francine • Aug 10th, 2010There’s a great new update on the story of PwC’s cuts of more than 500 internal IT professionals in the Florida and Atlanta markets. It was written by Jeff Harrington at the St. Petersburg Times on Sunday August 8th. Harrington focuses primarily on the local impact of the cuts. He finds evidence that PwC promised [...]
McKenna Quoted In California Lawyer Magazine
By Francine • Aug 2nd, 2010California Lawyer has a feature this month on “Ponzi’s Auditors” and I have two nice quotes. I’m talking about auditors’ responsibility for detecting fraud under SAS 99 and the doctrine of “in pari delicto” as it relates to the AIG case against PwC currently under review by the New York Court of Appeals.
…The SEC ignored [...]
McKenna Linked To In The Times UK
By Francine • May 20th, 2010I was linked to March 23, 2010 in the Times of London UK on the Lehman story as the source for EY’s response to audit committee members regarding the Lehman bankruptcy examiner report.
Ernst & Young defended its work in a letter sent by several audit partners to the firm’s key clients and vowed to fight [...]
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, 