The Dig

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Bitwise Industries was supposed to change the world; its founders lost the plot
So many of these companies - FTX, Theranos, Ozy Media to name a few — promise the world and count on quirky charisma to counter incompetence and a…
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Teri Buhl
Zeke Faux talks "Number Go Up" at the Pen & Pencil Club
I had the pleasure of hosting award-winning Bloomberg investigative reporter Zeke Faux to talk his book. It was quite a conversation for a full house.
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Francine McKenna
1
McKenna at Stanford on FTX, its auditors and much, much more
The stakes are now a lot higher for everyone who helped promote or enable FTX, especially the auditors.
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Francine McKenna
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Been caught stealin': Hindenburg Research is on a roll with Adani and Block (Square) short reports
 • Francine McKenna
Elizabeth Holmes and her Big 4 audit firm buddies at Theranos
 • Francine McKenna
1
WeWork: Auditor EY didn’t warn about the risks
 • Francine McKenna
Gary Gensler is not the guy
 • Francine McKenna
1
Tipping Point: The Financial Fragility of the Big Four Global Audit Firms
 • Jim Peterson
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Legal contingencies still a mystery at Uber: Can SEC comment letters shine a light?
The NY Attorney General just fined Uber and Lyft $328 million for wage theft. Do Uber's disclosures tell us enough about this and other legal issues the…
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Francine McKenna
McKenna travels to teach at Stanford, Berkeley, and Ohio State
It was a whirlwind trip to teach Stanford undergrads and Berkeley law students, OSU's future graduate accountants and public company directors for…
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Francine McKenna
PCAOB NOCLAR is necessary but not for the reasons you think
The proposal should be approved. It should not be necessary.
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Francine McKenna
1
Michael Lewis is wrong about the "profitability" of FTX US and FTX Trading
It is kind of hard to understand why the expert financial shenanigans guy on the inside did not look at the audited financial statements Bankman-Fried…
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Francine McKenna
2
John Coates talks to me about index funds, private equity, and the "Problem of Twelve" at the P&P
We went deeper in the the politics of private equity and didn't spend nearly as much time as we should have on index funds.
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Morgenson and Rosner talk about plunderous private equity at the P&P
I hosted Gretchen Morgenson and Josh Rosner on Sept 12 to talk about their book about private equity. Here's a video and a few more thoughts.
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Francine McKenna
Upcoming speaking engagements
I am not teaching at Wharton this term so I'm headed out to talk to others about the state of accounting, audit, regulation, and corporate fraud.
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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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© 2023 Francine McKenna
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