The Dig

The Dig

Home
Notes
Your First Accounting Job
Archive
Leaderboard
About
AI data center construction: Using deal structure to measure and analyze the financial statement impact
It's a two-part series on top data construction projects and how financial statement impact follows structure. Part 1: On/Off balance sheet and…
 • Francine McKenna and Olga Usvyatsky
The business of cancer: Pfizer and the carboplatin supply challenge
It's a weird axiom of generic drugs: The cheaper they become the more unstable their supply can be.
 • Taayoo Murray
Can private litigation hold auditors to account?
It’s a tough row to hoe, but some grab the tools and get to work.
 • Francine McKenna
A bit of the old satire: KPMG tells Grant Thornton it deserves a break
We all laughed at the story, the utter cheekiness of KPMG's request, but Tim Gustafson took it to a whole 'nother rollicking level!
 • Tim Gustafson
Beyond the hype: Auditor EY highlights its efforts to confirm Meta’s data center accounting
The WSJ's Jon Weil called it a “red flag”, but we dig into why and how EY documented the CAM and how decision useful it is, or isn't.
 • Francine McKenna and Olga Usvyatsky
Enforcement for thee and not for me: Auditors poised to get away with murder
The Big 4 firms are exerting pressure on regulators globally to ease up on individual professional accountability. SEC Chair Paul Atkins’ choices for…
 • Francine McKenna
SEC’s Atkins puts PCAOB in Big 4’s corner
Which is worse for investor protection and financial reporting integrity? That SEC Chair Atkins put a retired EY partner in charge of the PCAOB or that…
 • Francine McKenna
CoreWeave walks a debt tightrope, counting on key customers to be its safety net
We take a deep dive into the latest on CoreWeave and its huge bet on risky debt, and a few customers, to meet the growing demand for AI compute.
 • Francine McKenna and Olga Usvyatsky
Compass and anti-trust, accounting academia’s revolving door, Berkshire Hathaway is selling Kraft Heinz
Snow is falling fast in Philly and I am trying to work amidst the anguish I see. This closes some tabs.
 • Francine McKenna
17:34
All my accounting jobs: Let's dig into my life as an accountant, writer, teacher, and speaker.
This is a slight update to remarks I made to undergrads at Univ. of South Carolina in Jan 2024 now being provided to my new undergrad students at…
 • Francine McKenna
Next up for Berkshire Hathaway, FRC now investigating EY’s Shell slip-up, Brown-Forman and CBS
Apologies for getting off to a slow start in the new year but now I've got an inventory of stories to spit out over the next two weeks.
 • Francine McKenna
Venezuela news: The Big 4 audit perspective
Allow me a bit of nostalgia as we follow this truly incredible news today.
 • Francine McKenna
Update: Limited time offer on... Saks Fifth Avenue
Puck reports CEO Metrick to resign! I last wrote about Saks' woes exactly 7 months ago. Plus ça change, plus c'est la même chose.
 • Francine McKenna
The business of cancer: When does healing cross the line into exploitation?
Healthcare is big business. How much profit is too much?
 • Taayoo Murray
The Dig
The Dig
Francine McKenna digs into accounting, audit, and corporate governance issues at public and pre-IPO companies.
Recommendations
View all 119
Law Dork
Law Dork
Chris Geidner
Radical Reports
Radical Reports
Teddy Wilson
The Intellectual Investor
The Intellectual Investor
Vitaliy Katsenelson
The Department of Salad: Official Bulletin
The Department of Salad: Official Bulletin
emily nunn
Your First Byline
Your First Byline
Ryan Teague Beckwith

The Dig

AboutArchiveRecommendationsSitemap
© 2026 Francine McKenna · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture