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The Waiting: The patience of Nate Anderson
It's the end of an era, too short in my opinion, when diligent work on fraud and corporate governance failings could get big results.
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Francine McKenna
1
Flurries: News, like icy snow, keeps coming but rarely sticks
The attention span for accounting and audit news is typically short. Stories fall from the sky for journalists and critics but get shoveled away…
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Francine McKenna
The WSJ's Dave Michaels on the SEC's inscrutable write-offs
Dave Michaels files before the New Year rings in and it's a humdinger! In the future when you see those big headlines about SEC record fines, maybe…
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Francine McKenna
1

December 2024

Wrapping paper: Covering some year-end news
It's almost a wrap on 2024 but there is always accounting and audit news! Here are some updates, where I'll be in the next month, news of the PCAOB, and…
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Francine McKenna
Crosspost: A resurgence in restatements, but will it continue?
While financial restatements increased 7% year-over-year, the uptick is at least partially attributed to SEC enforcement activity. Changes in…
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Olga Usvyatsky
Money for nothing: Borgers and its clients
Many of banned auditor BF Borgers' former clients went from the frying pan into the fire after switching to a new firm. But the myriad issues…
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Francine McKenna
Time is running out!
Renew now and save!
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Francine McKenna
Guest post: Public transparency for audit engagement performance metrics
We've been waiting since at least 2008, since the U.S. Treasury Advisory Committee on the Auditing Profession (ACAP) report’s recommendations. How dare…
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Francine McKenna
3
Model cooperation at Cloopen; Big 4 friend Paul Atkins
The Cloopen case is touted as a model for SEC Enforcement cooperation. There's more to it. The horse race is over and libertarian poster boy Paul Atkins…
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Francine McKenna

November 2024

Leftovers: AmTrust and BDO, Macy's and KPMG
I didn't have much ambition today beyond sitting on the sofa and typing out these recaps. It's my last newsletter for November and it is free for all.
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Francine McKenna
Side dishes: More Super Micro, Rapoport on tax, SEC Enforcement statistics, and Buffett's cash
Here's a buffet of tasty dishes to get you through Thanksgiving, including links about my conference coverage, the latest on Super Micro, and what…
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Francine McKenna
The SEC and cybersecurity internal controls cases: R.R. Donnelley and SolarWinds
The SEC settled with R.R. Donnelley and thought it could use the same tactics on SolarWinds. Former SEC professionals say this was a mistake. I agree…
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Francine McKenna
© 2025 Francine McKenna
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