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RIP Norah Bruther, EY Senior Associate Who Was Killed By Alleged Drunk Driver
Funeral services were held this past weekend for 23-year-old Norah Bruther, an EY assurance senior associate from New Jersey who was struck and killed by a vehicle on May 7 while on vacation in Arizona. NJ.com reported: Norah Bruther was hit by a car around 1:30 a.m. Saturday while trying to cross Camelback Road near […]
Former Deloitte CEO Is a Big Fan of ‘Smors’
No, Cathy Engelbert isn’t talking about the delicious summertime treat. She’s talking about “small moments of recovery.” “I learned this at Deloitte because when you’re running a firm of that size, you have to find time. We dubbed them smors. My EA used to put them on my calendar: Small moments of recovery. You need moments during […]
KPMG UK Somehow Won’t Be Getting a Record Fine From the Financial Reporting Council For Carillion Mess
I’m not a betting man, and that’s a good thing because, while not official yet, I would have bet my house on KPMG UK being fined more than £15 million for the whole Carillion audit fiasco. The Financial Times reported this afternoon: KPMG is set to be hit with its biggest-ever fine in the UK […]
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OK Which One of You Has This Yacht?
We know it doesn’t belong to former WeWork CEO Adam Neumann or it would be called “Community Adjusted EBITDA.” No words… pic.twitter.com/cV6kzUCZ6s — The Wet Bandits (@ChaseJones11) August 1, 2021 Happy Monday, everyone. Related article: Let’s All Have a Good Laugh at WeWork’s Stupid ‘Community Adjusted Ebitda’
I Started a New Controller Role During a Global Pandemic and Found Silver Linings
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 […]
Firms View more articles
BDO USA Is Finally Trying to Do Something to Improve Its Horrible Audit Quality
While PCAOB inspection reports are only one indicator of how good or bad a public accounting firm’s audit quality is, it’s still pretty embarrassing when a firm gets a bad report card. Consecutive years of horrible inspection reports (2013 and 2014) is what drove KPMG executives to hatch a scheme to steal confidential audit inspection […]
Career Center View more articles
If the AICPA Offers You a Career In Accounting, Just Say No
With the AICPA making filling the CPA pipeline one of their 2022 primary strategic initiatives (see page 11 of the 2021 AICPA Trends report for the full list of pipeline-filling activities they will be going hard on this year), I thought now might be a good time to dust off the ol’ 1980s D.A.R.E. programming […]
Salaries View more articles
Accounting Bottoms Out the List of Master’s Degrees That Offer the Best Salary Boost (Read: It Doesn’t)
The AICPA finally got around to releasing its Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits report (hereby referred to as the Trends report), which we’ve been waiting to see since last August, but hey, I get it, people are busy. As we work on crunching the data and […]
Here’s Everything We Know So Far About 2022 Accounting Salary Projections
As of February 2022, inflation in the United States has hit a 40-year high at 7.9%; the last time inflation was this bad, many of you weren’t even alive so yay, think of this like Halley’s Comet, some day in the distant future you’ll get to say “I was there!” You don’t need us to […]