• Archive for the ‘You Can Quote Me On That’ Category

    McKenna Speaks At 2013 AAA Audit Section Midyear Conference

    By • Jan 21st, 2013

    I was in New Orleans this past long Martin Luther King Day weekend to speak at the American Accounting Association Auditing Section Midyear Conference. Here are my slides and text of my remarks.



    Will PwC Continue To Ensure Integrity of Oscar Voting? You Get What You Pay For

    By • Jan 13th, 2013

    PwC’s professional role as the auditor of the Academy’s financial statements and reviewer and signer of its tax return is a big deal to the Academy’s members, its grantees, and to the IRS. However, as my Forbes piece details, PwC doesn’t apparently charge much for its statutory audit and tax review services, let alone the rest of the consulting work they do at awards time.



    My Top Twenty Favorites From 2012

    By • Jan 1st, 2013

    Because I’m so tired, tired of waiting…



    Dysfunctional Couple Update: Facebook and Zynga

    By • Dec 3rd, 2012

    Zynga and Facebook play out their drama in public, much to the detriment of investors who can’t leave the party early before glasses start breaking.



    McKenna Panelist At NYU On Auditor Independence And Consulting

    By • Nov 28th, 2012

    I was at New York University’s Vincent C. Ross Institute of Accounting Research to speak on a panel that included Paul Volcker, Bob Herz and a lawyer representing PwC and EY. The Ross Roundtable on the “Impact of Reemergence of Consulting Practices at Major Audit Firms” was well attended.



    Forbes Magazine: Lying With Numbers

    By • Nov 13th, 2012

    The SEC is busy chasing Ponzi schemers and foreign bribers. But bogus accounting remains a bigger danger to the markets. (More links.)



    On Anniversary of MF Global Bankruptcy, Something Still Missing

    By • Oct 31st, 2012

    Something is still missing today, the one year anniversary of the bankruptcy of MF Global.
    What’s still missing from this sordid affair is an accounting of the whereabouts of the financial auditor, PricewaterhouseCoopers.



    re: The Auditors Is Six Years Old

    By • Oct 28th, 2012

    The blog is meant to highlight, for you the reader, the broad-based influence the Big 4 have in business, politics and social policy. Their reach is only exceeded by their constant grasp.



    The Bailout of AIG: Mission Accomplished?

    By • Sep 17th, 2012

    Did the government make a profit on its sale of AIG shares last week? Is that even the right question to ask? The former Special Inspector General of TARP Neil Barofsky and I think it’s not.



    Friday Musings

    By • Sep 7th, 2012

    The writer must earn money in order to be able to live and to write, but he must by no means live and write for the purpose of making money. Karl Marx