Big 6 accounting firms call for changes

The Big Four audit firms – Deloitte, Ernst & Young, PricewaterhouseCoopers, and KPMG – along with the number five and six firms – BDO and Grant Thornton – have joined forces to call for significant changes to the way public companies report their results. They propose businesses report realtime financial data via the Internet, rather […]

Auditor laptop stolen, confidential data included

The auditor for Hotels.com is Ernst & Young, and one of their staff working on the audit had their laptop stolen from their car, compromising the credit card data of approximately 243,000 customers. These things will happen, but what I don’t understand is whether they’re just assuming whoever stole the laptop is going to be […]