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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…
Mar 2
•
Francine McKenna
and
Olga Usvyatsky
7
2
February 2026
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.
Feb 28
•
Taayoo Murray
10
Can private litigation hold auditors to account?
It’s a tough row to hoe, but some grab the tools and get to work.
Feb 20
•
Francine McKenna
9
4
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!
Feb 16
•
Tim Gustafson
10
2
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.
Feb 14
•
Francine McKenna
and
Olga Usvyatsky
17
5
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…
Feb 4
•
Francine McKenna
9
2
January 2026
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…
Jan 31
•
Francine McKenna
5
4
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.
Jan 27
•
Francine McKenna
and
Olga Usvyatsky
11
5
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.
Jan 25
•
Francine McKenna
6
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…
Jan 18
•
Francine McKenna
13
4
17:34
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.
Jan 16
•
Francine McKenna
3
3
4
Venezuela news: The Big 4 audit perspective
Allow me a bit of nostalgia as we follow this truly incredible news today.
Jan 3
•
Francine McKenna
6
2
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