Francine McKenna has long been a must-read at re:theAuditors. Now she’s at The Huffington Post too, and a force to be reckoned with: Governments all over the world are protecting and shielding the public accounting firms from failure under any … Continued
The SEC has declared that UK companies which agree to new proportionate liability rules for their auditors can’t use their financial statements in the U.S. Peterson calls it a “non-surprise:” The only surprise about the SEC’s position — which effectively … Continued
The Obama administration is focusing some of its recovery efforts on small businesses. “It’s about time,” says Bill Sheridan here: CPA Success: Small business takes its turn in economic recovery’s spotlight.