In this episode I visit with one of my favorite people, Francine McKenna, a reporter at MarketWatch. We check in on the current developments in the KPMG-PCAOB scandal including recent guilty pleas, sentencing and where the matter might finally be headed.

Some of the highlights include:

  • A review of the Indictment and underlying facts.
  • A review of the horrendous facts about KPMG that came out during the March trial.
  • What does it say about the PCAOB that two of its former Board members were witnesses for the defense in the trial?
  • What did all this mean for KPMG head Lynne Doughtie? What does all this mean for audit independence, particularly in the Jay Clayton era at the SEC?
  • Where can listeners go for more information?


Francine McKenna on MarketWatch

MarketWatch website

Re: The Auditors blogsite

Finally please note the Uber-cool logo, designed by Megan Dougherty, from One Stone Creative. Big shout out to Megan and her production team.