AICPA, CAQ support SEC’s exploration of climate change disclosures [Journal of Accountancy] The AICPA and the Center for Audit Quality (CAQ) voiced support for the SEC’s exploration of disclosures related to climate change and environmental, social, and governance (ESG) issues in comment letters sent to the commission on Friday. KPMG delays hybrid working plans after […]
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 […]
Hey all you Trusty McTrustersons! Here’s an excerpt from a post Trusty Tim Ryan published today on LinkedIn explaining something new at PwC called The New Equation: What we know is that trust will be the defining factor in how businesses are able to achieve both profit and purpose – so in the US, we are aligning […]
Andrew Yates has put together a squad—six men (including Yates) and six women—who will act as his right hand when he takes over as CEO of KPMG Australia on July 1. One of the members of KPMG Australia’s new National Executive Committee is a recent refugee of PwC, according to a press release: External hire, Dorothy […]
The newly minted partners at Deloitte Consulting in India started their sweet gigs a couple months ago. The firm didn’t put out a press release about their achievement, but fortunately President Romal Shetty gushed about the 12 men and two women on LinkedIn. Here’s the group of 14 at Deloitte India who will finally get […]
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 […]
2020 delivered much sorrow and absurdity but also brought us catchy new phrases. “Follow the science” has worn out its welcome in many circles, but I’m willing to resurrect this phrase for a just cause: debunking the myth that relentless overtime is a necessity in the accounting profession. Without further delay, let’s take a nice […]
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 […]
