Here’s an interesting story coming out of Dallas: Embattled multi-level marketing firm Mannatech has fired its independent auditor, Grant Thornton, after the auditor gave the company an ultimatum: Remove Chairman and founder Sam Caster from the company or find yourself another auditor. So they found themselves another auditor, BDO Seidman, and let Grant Thornton go. [...]
Tag: BDO Seidman ↓
Grant Thornton insists client remove Chairman, is removed as auditor
October 30th, 2007 · No Comments
Category: Auditing
Tags: auditor, BDO, BDO Seidman, Dallas, Grant Thornton, US
Sucks to be Seidman
August 21st, 2007 · 6 Comments
By now, the verdict in the BDO Seidman lawsuit has been covered by all the major industry blogs. All the heavyweights have registered their opinions in this great swirling mass known as the blogosphere. The mainstream media has tossed it around this way and that. There is near unanimity amongst all commenters: Sucks to be [...]
Category: Auditing
Tags: accounting firm, bank, BDO, BDO Seidman, confirmation, fraud, litigation, negligence, receivables
BDO Seidman using SugarCRM to manage office network
June 24th, 2007 · No Comments
Kind of old news (it’s from January last year) but BDO Seidman has implemented commercial open source software to manage their nationwide network of member firms. Open source software is software whose underlying source code is openly available and is usually licensed under the GNU GPL. What I like about open source is that the [...]
Category: Technology
Tags: accounting firm, BDO, BDO Seidman, management, open source, software, SugarCRM
Accounting has returned to Nashville
December 23rd, 2006 · No Comments
It’s a little strange but within a week of an announcement by BDO Seidman that they were returning to Nashville, Tennessee with an office and aim to focus on the health care industry, PricewaterhouseCoopers makes a similar announcement about said city and industry. What I’m wondering is why both of those firms are just establishing [...]
Category: Accounting
Tags: BDO, BDO Seidman, city, Nashville, PwC

