About Jim Peterson
Jim Peterson is a US-trained and qualified lawyer, concentrating for over fifty years on complex multi-national matters involving corporate financial information.
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auditor's report auditor independence Auditor Liability Auditor Rotation Big Four Big Four accounting firms China Competition & Markets Authority Count Down decision-making EY Financial Reporting Council Grant Thornton IAASB Independence KPMG Kwasi Kwarteng PCAOB PwC risk management Sarbanes-Oxley SEC Sir Donald Brydon Sir John Kingman UK Audit Reform
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Thanks Cesar. To say that you’re not alone would. be a massive under-statement – the very reason for this piece.…
I confess that I hadn’t noticed this side of the issue, despite being somewhat pessimistic regarding sustainability reports.
Thanks for your question. KPMG’s work in its entirety, including on the bank’s internal controls, will be scrutinized in the…
Me gustó mucho su análisis. Qué piensa usted, de la opinión limpia sobre el control interno que emitió KPMG, en…
Archives
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Welcome Back: A Fresh Look at the Same Issues
1 comment on Welcome Back: A Fresh Look at the Same IssuesHello again – after an unexpected pause and with a new look – as requested by exactly nobody. After many years of good performance, my hosting service blind-sided me with an abrupt notice of its closing at the end of September. While it’s taken longer than I expected to relocate and re-engineer, and this new
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Lessons from the Classroom: How Trump Worked His Advantages – Which We Allowed
When and how can the looting and pillaging inflicted by Trump’s malign version of government be arrested? It’s not only that the damage already done is incalculable, under a barrage of attacks so sweeping as to make clear that the MAGA intent is that our national future will be more fearful, sick, poor, dirty and
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KPMG’s Family Planning – Good Luck!
Last week I was pleased to guest-post on The Dig, Francine McKenna's Substack. For those who missed it there: On March 10, 2025, Stephen Foley reported in the Financial Times that “KPMG is aiming to slash the number of ‘economic units’ that make up the international network to as few as 32 by next year,
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The CPA Pipeline – How It Looks From Here
A drunk scrabbling on his knees under a street light tells the inquiring policeman that he lost his keys in the dark alley. “So why are you looking here?” asks the cop. “Because the light’s better.” Here is why not to be concerned over the so-called “pipeline” problem with the future supply of new
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Auditor Choice and Concentration, KPMG, Public Company Accounting Oversight Board, Regulators’ Activities, Securities and Exchange Commission, Value of the Auditor’s Report
Auditor Performance Metrics: The Deal Offered by the PCAOB
Even as the new year will likely bring the defenestration of Erica Williams, chair of the Public Company Accounting Oversight Board, that agency has tossed up to its over-seer, the Securities and Exchange Commission, proposed rules that would – in the unlikely event of SEC approval – require registered audit firms to bring forth
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Accounting Firm Structures, Auditor Liability, CPA Pipeline, Evolution of the Assurance Function, International Sustainability Standards Board, Sustainability
Refuge from the Storm – Seeking Shelter in Troubling Times
“… but we must cultivate our garden” – Voltaire’s Candide, 1759 This space has been quieter than usual for a while. As the season approaches for year-end meditation and review, there are two reasons. First, with the cyclical state of the
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Assurance for Sustainability Reports – Risk Management Wants a Word
It was my pleasure this week to be a guest on Kevin LaCroix's D&O Diary, with these observations on the under-appreciated scope and scale of the exposures that will threaten auditors and other providers of assurance, as corporate recording and reporting in the Sustainability eco-system continues to expand. My appreciation to Kevin, whose readership
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