Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
I love all the bashers that come out of the woodwork when ever the stock has a bad day...
I'm not sure of the reason a decision was made to move to KPMG, but as a former KPMG employee who also worked a few years in Internal Audit, I know that a lot of times this decision is based more on who comes in with the lowest contract than it is on performance. The Big 4 firms are all essentially the same, a bunch of fresh faces right out of college doing slave grunt work testing controls for hard drinking partners. Whoever puts up the lowest price gets the contract. Unfortunately due to SOx, they now are a must have and own the external audit market.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
I'm not sure of the reason a decision was made to move to KPMG, but as a former KPMG employee who also worked a few years in Internal Audit, I know that a lot of times this decision is based more on who comes in with the lowest contract than it is on performance. The Big 4 firms are all essentially the same, a bunch of fresh faces right out of college doing slave grunt work testing controls for hard drinking partners. Whoever puts up the lowest price gets the contract. Unfortunately due to SOx, they now are a must have and own the external audit market.