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Tag: accounting

axe splitting wood

Split with EY the Latest Bad News for Super Micro

axe splitting wood

Accounting giant Ernst & Young recently took the extraordinary step of firing one of its clients, Super Micro Computer. A public filing last week by the California-based maker of computer servers revealed EY used remarkably strong langu...

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New Quality Standard Heightens Fears of Accounting Brain Drain

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Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...

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SEC Approves Tougher Standards for Auditor Liability

kid toughing it out on monkey bars

The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...

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Dems Join Crusade to Overturn Contentious SEC Crypto Accounting Guidance

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Several House Democrats have thrown their support behind a congressional effort to overturn controversial accounting guidance that affects how regulated banking organizations account for and safeguard their customers’ digital assets. The de...

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View through rose-colored lenses

CrowdStrike’s Woes Highlight Concerns About Bespoke Accounting Metric

View through rose-colored lenses

By any measure, the last two weeks of July have been brutal for cybersecurity firm CrowdStrike. CrowdStrike reported what it called “exceptional” first quarter financial results in early June – taunting competitors Microsoft and Palo Alto N...

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