The Dig

Home
Notes
Archive
Leaderboard
About
MicroStrategy: Part 1 of answering questions about crypto accounting, cashflow, CAMT, convertibles
This is a team effort between The Dig and Deep Quarry to go deeper into the questions behind the headlines.
 • 
Francine McKenna
 and 
Olga Usvyatsky
Step into the ring: Erie Indemnity, Form AP, Robinhood and the WWE
“In the sunset of dissolution, everything is illuminated by the aura of nostalgia, even the guillotine.” Milan Kundera, The Unbearable Lightness of…
 • 
Francine McKenna
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.
 • 
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…
 • 
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…
 • 
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…
 • 
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…
 • 
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…
 • 
Francine McKenna
Time is running out!
Renew now and save!
 • 
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…
 • 
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…
 • 
Francine McKenna

November 2024

© 2025 Francine McKenna
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great culture