Presumably because the many apologies and decisions made before this letter have not sufficiently gotten the heat off their backs (and boy is it hot), PwC Australia published an open letter apology on their website Monday. The entire text, including the formatting, appears in below. At issue, if you make your residence under a rock, […]
Presumably because the many apologies and decisions made before this letter have not sufficiently gotten the heat off their backs (and boy is it hot), PwC Australia published an open letter apology on their website Monday. The entire text, including the formatting, appears in below. At issue, if you make your residence under a rock, […]
Before we get into the situation, please note the issue discussed here is not EY’s fault. Rather, the office tower bearing the firm’s name at 725 South Figueroa Street in downtown Los Angeles has entered receivership after asset management company Brookfield stopped making payments on its debt in April. Commercial real estate firm Colliers has […]
A couple days ago, NYT published a piece asking an important question: Who will protect the workers losing their jobs to AI? The article references a May 16 senate subcommittee hearing chaired by Senator Richard Blumenthal at which OpenAI’s Sam Altman is told Mr. Blumenthal’s greatest nightmare is AI causing massive job loss. “There will […]
Ed. note: this article’s headline has been changed as we don’t actually know if he got fired or not. Neerabh Mehrotra, formerly Associate Director at Deloitte India, has been let go after he gushed over Adolf Hitler’s charisma, intelligence, and confidence on LinkedIn. The post: Text transcription, courtesy Google Lens: 😊Friday Inspiration😍 Recently I picked […]
I was going to make some kind of Sense8 “canceled before its time” joke about Netflix’s last CAO leaving after just three months alas nothing came to me which is probably for the best because it would have been a stupid joke anyway. Deadline reports that Netflix has found a new CAO, hopefully this one […]
Unless you have the word “chief” in your job title, accounting salaries in industry for 2023 are projected to be higher than in 2022—including 11 roles that are expected to have double-digit increases, according to our analysis of the 2022 and 2023 Accounting & Finance Salary Guides from LHH Recruitment Solutions (formerly Accounting Principals). Of […]
Ed. note: We’ve received some additional information about layoffs, see update at the bottom. The other day Grant Thornton sent out a firmwide email packed with words like “difficult but necessary decisions,” “values and culture,” and “continued investment in growth” to inform everyone that heads were soon to roll. While pointing out that “unlike peers,” […]
Hate to be the bearer of bad news but the glorious days of work anywhere and firms too scared to lose you to force you to return to the office may soon be behind us. Apparently KPMG is telling tax people they need to come in three days a week now and PwC announced a […]
Last week, the AICPA released a revised pipeline acceleration plan, the goal of which is to get more young people into accounting to save the profession from extinction. To save you a click, I’m putting it here. At its spring meeting in Washington this week, the AICPA’s governing body (“Council”) approved this plan. Yay. Cue […]
Good news, everyone! The AICPA released an expanded pipeline plan today. If you assumed the plan would revolve around an aggressive effort to bully firms into paying people what they’re worth, you’d be wrong. “The detailed plan features input from a significant set of stakeholders and calls for those stakeholders to work together to […]
