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    TBW Plan Trustee v. PwC: A Look at What Led To It and What’s Next

    Sunday, September 25th, 2016

    Here’s a brief look at the TBW Plan Trustee v. PwC trial, what led to it and what’s next.



    The SEC On Non-GAAP Metrics: A Collection of Writing at MarketWatch

    Sunday, July 31st, 2016

    Stay tuned as the non-GAAP use comment letters to the companies who didn’t take the hint on their own or who took some prodding in written from to come around, start making it to EDGAR. Should make for some interesting fall reading.



    Speaking Engagements/Conferences

    Sunday, July 31st, 2016

    Next Up: September 20, 2016, On a panel at the National Association of Corporate Directors 2016 Global Board Leaders’ Summit in Washington D.C..



    Peter Thiel’s Pursuit Of Technological Progress; It’s Not About Democracy and It’s Definitely Not About Capitalism – Part 2

    Monday, July 25th, 2016

    One of Peter Thiel’s most interesting ideas is the Thiel Fellowship. It is also his most insidious. In Part 2 of my paper, I talk about borrowing from Timothy Leary, Thiel’s Fellowship initiative, Karl Marx, and the “iron cage” Thiel promotes for anyone not quite as bright as he.



    Three Accounting-Related Stories At MarketWatch

    Monday, February 15th, 2016

    At MarketWatch I am fortunate that I am not expected to write a story every day, although that’s fine if something comes up like an SEC enforcement order or a spectacular corporate scandal.  I am encouraged, instead, to come up with original analysis of important stories in financial regulation and legislation. We want to add […]



    Best Case Yet For Publishing Audit Partner Names: Grant Thornton’s Koeppel

    Monday, December 14th, 2015

    The PCAOB will vote on final rule based on its proposal on Tuesday Dec 15. If audit partner names were published in the audit report, or anywhere, the public, audit committees, investors and journalists could stop lousy auditors in their tracks. Melissa Koeppel of Grant Thornton is the best case yet for making audit partner names and their engagement history, disciplinary history, and litigation history public.



    SEC News at MarketWatch

    Sunday, July 19th, 2015

    On July 21 Dodd-Frank will be five years old. If I hadn’t been through the same thing with Sarbanes-Oxley now twice, I’d be more excited. But the partisan rancor on this law, especially at the SEC, is even worse.



    “Tax Avoidance On An Industrial Scale” Says British MP About PwC’s Luxembourg Work For AIG And Others

    Wednesday, December 10th, 2014

    British MP Margaret Hodge grilled Kevin Nicholson, of PwC’s UK tax practice, in a Parliament Public Accounts Committee hearing on Monday. You know you’re on your “back foot” when the first thing out of your mouth has to be a denial that you lied under oath. More details about PwC’s tax avoidance scheme for audit client and US government owned AIG.



    Piling Up For PwC

    Tuesday, November 18th, 2014

    Update: The PCAOB is investigating PwC for its tax avoidance advice to Caterpillar, the Wall Street Journal is reporting. One down, more than 100+ PwC audit clients advised via Luxembourg to go…



    New At Forbes Online: The Precarious Financial Position Of The New York Times

    Tuesday, November 11th, 2014

    Update: This column was linked to by the NYT Public Editor! I published some New York Times numbers over at Forbes.com, “Time Is Running Short For The New York Times”, in anticipation of the company’s 3Q earnings announcement on October 30.