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Francine McKenna digs into accounting, audit, and corporate governance issues at public and pre-IPO companies.

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Latest Issues

KPMG in the muck in Australia

O, what a tangled web we weave, When first we practise to deceive! Marmion, Sir Walter Scott

The crisis for KPMG, not only in Australia, just got worse.

The Dig is a reader-supported publication. To receive new posts and support my work,...

7 days ago
6

The price of pre-IPO info leakage: Issuer and media obligations

This is collaborative effort, co-authored with Deep Quarry the newsletter from Olga Usvyatsky. If you value our work, please subscribe!

This is a continuation of our discussion from May 27 of the SpaceX public prospectus compared to the ea...

14 days ago
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Auditor independence: What's behind the SEC's latest push to relax the rules, again? Part 2

Let's look at some history and context and, then, I'll tell you what I think is really behind the push this time, supported by some data.

No punishment has ever possessed enough power of deterrence to prevent the commission of crimes. On t...

16 days ago
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Our analysis of the SpaceX draft to public prospectus

SEC comment letters are confidential until after the IPO, but changes made by SpaceX based on the SEC's review may provide insights into the SEC's disclosure priorities.

“It was the secrets of heaven and earth that I desired to learn; and...

18 days ago
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Auditor independence: What's behind the SEC's latest push to relax the rules, again? Part 1

This is Part 1 of my update on the latest push by the deregulators to reduce the constraints on auditors, and their clients, regarding auditor independence. Part 1 is intended to bring everyone up to date on the issues.

Today’s newsletter...

20 days ago
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Authors

The writers behind this newsletter.

  • Francine McKenna

    Francine McKenna writes, teaches, and speaks about audit, accounting and public company governance.

  • Taayoo Murray

    Taayoo is a freelance health writer and her work has been published in Mayo Clinic Press, Yahoo, Essence Magazine and New York Amsterdam News. Taayoo is also currently looking to new work opportunities.

  • Olga Usvyatsky

    Olga Usvyatsky is a former VP of Research of Audit Analytics, where she led the development of new data sets used by investors, regulators, and academics. Her work was frequently cited by media, including WSJ, Bloomberg, and MarketWatch.

  • Mikhail Pevzner

    I am a Professor of Accounting at the University of Baltimore and an Adjunct Professor of Finance in Georgetown University. My research focus in financial reporting, auditing, disclosure and corporate finance.

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