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Strategy popularized Bitcoin treasuries but the cash to pay for it doesn't grow on the blockchain
Bitcoin treasuries have market and interest rate risk, face earnings volatility from fair-value adjustments, and liquidity is trapped in a volatile…
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Francine McKenna
 and 
Olga Usvyatsky
Who's your auditor? Several transactions, two bankruptcies, and Tether raise the question
A variety pack of transactions and two private company bankruptcies cause me to dig in to attempt to answer my favorite question: Where were the…
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Francine McKenna
Twilight: Atkins writes, the PCAOB settles, and the SEC tosses more cases
It's getting dark outside earlier and several discordant notes have been added to the musical score.
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Francine McKenna
Weekend digest: A Cambridge visit and so much more
While in Cambridge UK last week I saved up several comments and stories. Here's a digest of the latest on the business of the Big 4 global audit firms…
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Francine McKenna
“This industry is a joke”: The Senate Perm Subcomm on Investigations Minority Staff Report on KPMG and three failed banks
Silicon Valley Bank, Signature Bank, and First Republic Bank had more in common than their dramatic failures. They all had the same auditor: KPMG.
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Francine McKenna
Dotting i's: What can Form AP compliance tell us about 20-F audit quality?
Part 2 of a joint data analysis between The Dig and Deep Quarry looking into whether auditors of foreign issuers fall down on Form AP quality more…
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Francine McKenna
 and 
Olga Usvyatsky
Berkshire Hathaway did a weird thing with its Kraft Heinz reporting
Kraft Heinz has been a monkey on BRK's back for the last ten years. The end may be near but there will be some twists and turns in the road.
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Francine McKenna
The Dig
The Dig
Francine McKenna digs into accounting, audit, and corporate governance issues at public and pre-IPO companies.
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