Back in September, we informed everyone who isn’t a regular reader of NASBA state board reports (so, everyone then) that The Powers That Be were seriously considering remote testing for the CPA exam, mostly because what we all thought would be a couple weeks at home in March 2020 turned into … well … you […]
How much do Big 4 people really care about Vault’s annual Accounting 50? PwC, Deloitte, and KPMG and their employees probably care way more about the ranking than EY and its employees because those firms routinely comprise the top three positions. EY, on the other hand, hasn’t participated in Vault’s annual survey of accounting professionals […]
Bloomberg reported on Saturday: A special parliamentary investigator lists far-reaching shortcomings in Ernst & Young’s audits of Wirecard AG before the German financial technology company collapsed last year, a person familiar with the report said. The investigator lists about 11 incidences where EY failed to take measures to uncover the multibillion fraud, said the person, who spoke […]
What our esteemed former colleague Caleb Newquist wrote in yesterday’s Gusto “On the Margins” newsletter is probably closer to the truth than not: I can just picture Tim Ryan at the head of a long table with lieutenants sitting around racking their brains for ideas. “How do we show people that we’re serious about them taking […]
Closing arguments were held on April 13 in the bench trial of audit whistleblower Mauro Botta vs. PricewaterhouseCoopers. Botta, a former PwC senior manager, claims that he was wrongfully terminated by PwC in retaliation for making a whistleblower report to the SEC. Botta’s whistleblower report alleges that PwC had compromised its independence by acquiescing to […]
Remember Leslie Seidman, the former chairman of the FASB? Well, she is now, among other things, a member of General Electric’s board of directors and chairman of its audit committee. She made an appearance on CNBC on Aug. 15 to comment on the report from Madoff whistleblower and forensic accountant Harry Markopolos that accuses GE […]
The Dallas Morning News reported today that UPS is eliminating 64 accounting jobs at its facility in Coppell, TX. The reason? Outsourcing, of course. A UPS spokesperson told the newspaper that the package delivery company is outsourcing transactional finance and accounting work in order to let employees “do more strategic work that can make a greater […]
Grant Thornton in America’s hat recently admitted 35 new partners and 18 new principals into the purple kingdom. Alberta Chris Cameron, Partner, Edmonton Ken Hankinson, Partner, Edmonton Stephen Latimer, Partner, Wetaskiwin Jenny Pon, Partner, Edmonton Freida Richer, Partner, Edmonton British Columbia Shawn Birkenhead, Principal, Kamloops Sandra Blair, Principal, Kamloops Michelle Coates, Principal, Nelson Kevin Cooper, […]
Many years ago, I had this somewhat demanding job that happened to also be a really fun place to work, so while it was stressful and the hours were long, I found myself reveling in this because I actually enjoyed it most days. Now, I realize this may be a foreign concept to some of […]
We’re less than two months away from the class of 2021 tossing their mortarboards high in the sky (either in-person with their classmates or virtually, not sure which at this point), thus signaling a new batch of eager beavers who will soon be starting their journeys in the meat grinder that is public accounting. But […]
This is the average salary for an accountant in 2021 based on an analysis by AdvisorSmith of accounting salaries, number of accounting jobs, and the cost of living from 363 U.S. cities. That salary is up about 2% from 2019’s average accountant salary of $77,920. The business research website used data from three sources—Bureau of […]
