Here’s a quick recap of where public accounting firm CEOs were ranked in Glassdoor’s 100 top CEOs in 2021, based on anonymous employee reviews and feedback: 47. Brad Preber, Grant Thornton, 94% approval rating 61. Ted Dickman, BKD, 93% approval rating 67. Tim Ryan, PwC, 93% approval rating 99. Paul Knopp, KPMG, 90% approval rating […]
As you know, the Big 4 are trying to make up for either completely ignoring or providing pathetic raises and bonuses to employees last year due to the pandemic, even though three of the four (womp, womp, KPMG) pulled in the most revenue in FY 2020 than they ever had before. It’s hard not to […]
When PwC released the names of its 94 newest principals earlier this month, Stefan Zorn and Sanjib Mukherjee weren’t on the list. Maybe because they were external hires and not promoted internally? I dunno. But Zorn and Mukherjee both recently bolted Deloitte as managing directors to become principals at the House of Ryan. Zorn recently […]
Here’s some less-than-stellar news about the Queen’s KPMG from today’s Financial Times: KPMG faces a record fine of more than £15m after advising bed manufacturer Silentnight on the sale of its business despite the accountant’s “conflict of interest” with the buyout fund that bought it. An independent tribunal found that KPMG and one of its […]
PwCers expect really good raises this year. They trust that management will make that happen, given that PwC U.S. had record-setting revenue of $18 billion last year during a global pandemic. Last year PwCers had to endure massive workloads during a health and economic crisis without base salary increases. Only those who received a promotion […]
After years at a private equity-backed technology company in Seattle, I had an opportunity to take on a new role as controller at CorneaGen, a mission-driven organization devoted to transforming cornea care and eliminating corneal blindness worldwide by 2040. This role blended two passions: my love of accounting and a childhood love of medicine. The […]
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 principle of shared audits is very attractive to challengers as long as the share of the audit is meaningful and brings incremental experience to teams. If the challenger firm is just going to get what’s left at the bottom of the barrel, that’s not interesting and doesn’t help.” — Fiona Baldwin, head of audit […]
So, my job is measured in output. When Accountingfly brought me back to Going Concern in late 2018, we agreed upon me delivering x number of articles a week for y amount of money and that was that. There’s a loose expectation that I’ll write more than a sentence when filing a story, but funny […]
Imagine if you will being magically transported back to the year 2011. As you aggressively yank your jeggings over your calves while waiting for Angry Birds to update over your 3G connection, “Somebody That I Used to Know” plays gently (and incessantly) in the background. The phrase “orange Cheeto man” didn’t even exist in your […]
Accounting students who are graduating in 2021 are the beneficiaries of an average starting salary that has increased by nearly 11% over last year, according to the most recent salary survey from the National Association of Colleges and Employers (NACE). The average starting salary for accounting undergrads this year is projected to be $58,508, up […]
