Professor Elam

7/26/23

PCAOB çhair declares This is unacceptable

CLick for the story. ånd fines now total $10.5 M but so what, chump change in the Big Four League.

These firms have been paylng fines as long as I have been teaching ethlcs since about  2006.

And their performance has only gotten worse.

What does it take to get kicked out of this racket?

Question, how is it that  govt employees with salaries of well less than  $200K can find all these deficiencies but the brass at the top of the audit firm making  $600K cannot, can anyone explain this?