
EY’s Response to N.Y. Lawmakers’ Letter About Sexual Harassment and Forced Arbitration Is As Bad As You’d Expect
Last week, Adrienne wrote about a letter 67 New York state legislators recently signed and sent to new EY Global Chairman and CEO Carmine Di Sibio denouncing the firm’s practice of forced arbitration agreements, especially in cases of sexual harassment and discrimination. The lawmakers wrote that EY’s forced arbitration policy silences victims of harassment and […]

EY Won’t Waive Arbitration Provision for Ex-Partner Who Says She Was Victim of Sexual Harassment
Last September, we reported on a complaint filed with the Equal Employment Opportunity Commission by former EY partner Karen Ward, who accused her former employer of sexual harassment, gender discrimination, and retaliation. A couple of days after filing the complaint, Ward sent an open letter to EY Global Chairman and CEO Mark Weinberger, asking him […]

EY Switzerland Managing Partner Accused of Sexual Harassment Has Been Relieved of His Duties
The outside investigation into accusations of sexual harassment at EY Switzerland has been completed, and the accused harasser, a male managing partner who also served as the firm’s chief talent officer, has been shown the door. But according to published reports in Switzerland and confirmed to Going Concern by several sources, the law firm engaged […]

EY Switzerland Suspends Chief Talent Officer Accused of Sexual Harassment
The chief talent officer at EY Switzerland was suspended by the firm today pending an independent investigation into sexual harassment allegations made by a former EY female associate, who claims the male executive made inappropriate comments about her breasts, made sexual advances toward her, and then bullied her when she rejected him, according to published […]

KPMG, PwC, and EY Also Kicked U.K. Partners to the Curb for Sexual Harassment, Bullying
We learned on Dec. 9 that Deloitte U.K. had fired about 20 partners in the past four years for inappropriate behavior, including sexual harassment and bullying. The Financial Times, which broke the story, had asked the other Big 4 firms in the U.K. if they would disclose similar information. They declined. But KPMG, PwC, and […]

Another Former EY Partner Has Filed a Sexual Harassment Complaint Against the Firm
[Updated on Sept. 25 with allegations from the complaint, full statement from EY, and full statement from attorney Michael Willemin.] A former female partner at EY filed a complaint with the Equal Employment Opportunity Commission on Sept. 24, accusing the firm of sexual harassment, gender discrimination, and retaliation. This is the second such complaint filed […]

Accounting News Roundup: EY Settles With Partner Over Sexual Harassment | 05.03.18
Ernst & Young settles sex-harassment suit from partner [NYP] Jessica Casucci has agreed to leave the firm as part of a settlement over the allegations in a complaint filed with the Equal Employment Opportunity Council last month. The Post reports that John Martinkat, the partner at the center of the allegations, has been fired from […]
Team Foreskin and the Spreadsheet Jockey: Sexual Harassment in Public Accounting
At the client site on a Wednesday afternoon, one of the seniors started talking about a coworker. “She’s hot. I told her I wanted to put it in her butt.”

Monday Morning Accounting News Brief: EY Embarrasses Itself (Again); Archaic IRS Tech; Partners Battle It Out | 2.27.23
In Australia, EY is still bungling this one up: EY accidentally leaked the personal details of current and former employees while trying to launch a massive review into the firm’s workplace culture. The Big 4 Accounting firm announced the independent review following the tragic death of EY worker Aishwarya Venkatachalam, 27, who fell to her […]

EY Hong Kong Consultant Alleges Sexual Assault, Bullying, and Ghislaine Maxwelling By Her Superiors in This Detailed Account
Late last week, South China Morning Post reported that a consultant at EY Hong Kong has accused Steven Xiong, Head of Greater China Business Consulting, of sexually harassing and assaulting her and another colleague at a karaoke bar. It appears the accuser, Nicole Wang, has written a detailed account of the incident in which she […]

Monday Morning Accounting News Brief: EY’s New Harassment Case; Who’s Happy in Consulting; Bare Minimum Monday | 2.20.23
Since it’s Monday and all, let’s start with this: ‘Bare Minimum Monday’ is the latest workplace trend hitting productivity We’ll write this one up later: Accounting firm Ernst & Young launches probe into sexual harassment claim filed by Hong Kong employee after allegation goes viral online [South China Morning Post] Employee says she and her […]

Friday Footnotes: EYers Fed Up; KPMG Love Triangle; CGMA For Young’uns | 11.19.21
EY faces staff backlash over handling of sexual harassment case [Financial Times] EY is facing a backlash by staff over the accounting giant’s handling of an incident in which a partner sexually harassed a female trainee on a work trip. On an all-staff webcast on Tuesday, EY promised staff it would do more to combat […]

Just Think, An EY UK Partner Was Allowed to Keep His Job After (Allegedly) Telling a Female Co-Worker This (UPDATE)
[UPDATE] Neil Hutt quit or was forced to resign or whatever. Point is, he no longer works at EY in the UK. From the The Times of London on Nov. 13: EY, the Big Four accountancy group, has accepted the resignation of one of its partners, who told a female trainee “I’m going to f*** […]

Big 4 Lawsuits: Karen Ward vs. EY, Choppies vs. PwC, Floridians vs. Deloitte Consulting
EY, Female Ex-Principal End Lawsuit Over Bias Arbitration Costs [Bloomberg Law] Have we mentioned before how much Big 4 firms love it when claims against them by former employees go to arbitration? EY and a female former principal allegedly subjected to sexual harassment, retaliation, and other sex discrimination throughout her time with the firm agreed […]

Ex-EY Partner Karen Ward Dealt Setback In NY Federal Court
Law360 has the latest on Karen Ward, the former head of real estate investment banking at EY, who asked a Manhattan federal court last July to invalidate the arbitration agreement she signed several years ago that has prevented her from suing EY over claims she was a victim of sexual harassment, gender discrimination, and retaliation, […]

Accountants Behaving Badly: Discrimination at EY U.K., Jail For Cancer Center Embezzler, Client Scammer Gets Prison Time
Plus, ex-accountant for city of Dunbar, WV, gets one year in prison for embezzlement, and former Suzuki accountant faces a seven-year jail sentence for stealing $1.8 million. EY deals partners accused of bullying and discrimination [Financial Times] Current and former staff in the Transaction Advisory Services team at EY U.K. described a culture they claimed […]

Ex-EY Partner Karen Ward ‘Not Surprised’ By ‘Appalling’ Training Seminar for Women
Karen Ward, the former EY partner who alleges she was a victim of sexual harassment, gender discrimination, and retaliation during her tenure with the firm, said she wasn’t shocked to learn about the 1950 2018 training seminar that EY hosted for women leaders, in which attendees were told, among other things, not to flaunt their […]

EY Thinks Women Are a Bunch of Dumb Sluts: Report
Yesterday morning, browsing /r/accounting as I often do before our weekly conference call in which I pull ideas for the week’s content out of my ass, I came across a fresh post about an EY training seminar that supposedly implied women have “pancake brains” and need to be told not to flash the goods in […]

New York Lawmakers Call Out EY’s ‘Culture of Harassment and Discrimination’
It’s rare, especially these days, that bipartisan lawmakers can agree on an issue, but in the case of EY sexual harassment lawsuits they’ve managed to do just that. In a letter to new EY Chairman and CEO Carmine Di Sibio, 67 New York State Legislators, led by Senators Liz Krueger and Alessandra Biaggi, and Assemblymembers […]

Arbitration Costs Mounting For Ex-EY Partner Who Claims She Was Sexually Harassed
A declaratory judgment complaint filed on July 17 is asking a Manhattan federal court to invalidate the arbitration agreement that has prevented former EY partner Karen Ward, who alleges she was a victim of sexual harassment and pay discrimination, from taking the firm to court. According to the complaint, to have Ward’s sexual harassment claims […]

Exclusive: We Know What Mark Weinberger Will Be Doing That He’s Officially Out at EY
No one was as surprised as we were when the news broke late last year that Mark Weinberger was stepping down as global chairman and CEO of EY. Adding to the mystique of his unexpected departure, our source — who helped us break the story — hinted that Weinberger’s exit was prompted in part by […]

Marcel Stalder Is Out as CEO of EY Switzerland
A couple weeks ago, we got an email from a tipster who told us that EY Switzerland CEO Marcel Stalder was “dead meat” due to the firm’s handling of sexual harassment allegations made against a male managing partner by a former female associate. Well, turns out this person was right; Stalder has stepped down as […]

Here Is More Proof That EY Switzerland Is a Total Frat House
Well, guys, we learned today that at an EY Switzerland holiday party a few years ago, Santa Claus got an erotic lap dance on stage in front of about 200 people. And the man dressed like jolly ol’ Saint Nick is a partner in the firm’s banking practice, and the woman grinding on his lap […]

Mark Weinberger Is Done Being EY Global Chairman and CEO
Last night we were tipped off about a major announcement happening at EY this week, and we have received official confirmation of said announcement today by the firm: Mark Weinberger is stepping down as global chairman and CEO effective June 30, 2019. EY confirmed what our source told us, that Weinberger told the firm’s leadership […]
Female KPMG Employees Seek Class Status in Gender Discrimination Lawsuit, Detail Alleged Sexual Misconduct at the Firm
There was a new development yesterday in the long-running gender bias lawsuit against KPMG, in which a group of current and former female advisory and tax professionals have accused the firm of gender, pay, and promotion discrimination, as well as condoning sexual harassment. Attorneys representing the plaintiffs filed a motion on Nov. 27 that asked […]

Former EY Consultant Indicted on Hate Crime Charges for Allegedly Attacking Gay Couple, Being a Total D-Bag
Brandon McNamara, a 25-year-old former EY employee who was arrested in September for allegedly beating up two gay men outside a Brooklyn bar, faces up to 15 years in the slammer after he was indicted on hate crime charges last week. Brooklyn District Attorney Eric Gonzalez said McNamara was arraigned on Nov. 14 and charged with […]

‘Drunk A-hole’ EY Senior Consultant Arrested By NYPD For Allegedly Beating Up Gay Couple
It has not been a good week for fellas with the last name of McNamara who work or who have worked at EY. Brandon McNamara, 25, who reportedly is a senior consultant with EY, was arrested by the New York Police Department on Sept. 26 and faces a slew of charges for the alleged beating […]

Ex-EY Partner to CEO Mark Weinberger: ‘Let’s Make EY a Better Place to Work for Women’
In a Sept. 26 letter to EY Global Chairman and CEO Mark Weinberger, former partner Karen Ward, who filed a sexual harassment, gender discrimination, and retaliation complaint against the firm earlier this week, invited the firm’s leadership and board of directors to meet with her to “discuss my experiences at EY and additional ways in […]

Deloitte ‘Betrayed Me,’ Alleged Sexual Assault Victim Told CEO in Email
A former Deloitte Bermuda staffer who has accused a senior partner in the Big 4 firm’s New York office of sexual assault emailed Deloitte LLP CEO Cathy Engelbert in 2017 about the alleged attack and said the firm “betrayed me,” according to a July 9 NBC News report. The senior partner has not been charged […]

Report: Ex-Deloitte Bermuda Staffer Accuses U.S. Partner of Sexual Assault
The Australian Financial Review reported on July 3 that a woman who used to work in Deloitte’s Bermuda office has accused a male senior partner from the Big 4 firm’s New York office of sexual assault in a Bermuda hotel room in August 2015. The woman, who did not want to be identified in the […]

If EY Treats a Partner Who Reports Sexual Misconduct Like This, What Hope Do Other Employees Have?
Update in the 18th paragraph includes an additional statement from Ernst & Young. One of the more shocking details from the sexual harassment complaint against Ernst & Young is that even though the victim, Jessica Casucci, was a partner, other partners and senior officials in the firm either did nothing or took action to protect […]

Accounting News Roundup: Tax Reform Glitches; KPMG and GE; Sexual Harassment | 03.13.18
G.O.P. Rushed to Pass Tax Overhaul. Now It May Need to Be Altered. [NYT] There are a number of quirks in the new tax law “that disadvantage certain farmers, hurt restaurateurs and retailers and could balloon the tax bills of large multinational corporations,” and that has business owners and executives worked up. Meanwhile, many fixes […]

Accounting News Roundup: Shorter Auditor Tenure and Misconduct Allegations at KPMG, EY Down Under | 02.28.18
Study supports shorter auditor tenure [AT] A study by Zvi Singer of HEC Montreal and Jing Zhang of the University of Alabama in Huntsville found that “Auditors with shorter tenures were faster at discovering financial misreporting.” New accounting rules trim Tesla deficit and promise faster future revenues [MW] Francine McKenna reports that Tesla cut its […]

Accounting News Roundup: Sarbanes-Oxley and Tax Reform Sans Trump | 09.11.17
Mike Pence is hoping he gets to sit down soon. Sarbanes-Oxley Back in July, we noted a hearing on Sarbanes-Oxley where a slew of witnesses, including New York Stock Exchange President Tom Farley, spoke about its “great cost on corporate America” and that its “benefits are not entirely clear.” The requirement that companies comply with […]
Deloitte Seeks to Dismiss Headhunter’s Claims of Sexual Harassment and Employment Discrimination
Last month, we told you about a lawsuit filed in New York by the ex wife of Mets great Art Shamsky. Kim Valentini-Shamsky is a recruiter (headhunter in the lawsuit) who alleges a laundry list of misdeeds by Deloitte, all brought on because she wouldn't bang the Deloitte guy she was sending candidates to. Deloitte's […]
Ex-Wife of Art Shamsky Back in Court to Sue Deloitte for Sexual Harassment
A lawsuit was quietly filed in New York on Tuesday, naming Deloitte and Big D Talent Director Louis Bastone as defendants. The charge? Sexual harassment. Well, sexual harassment and severe work-related cockblocking.

The Accounting Profession is Scaring Away Gay People (and Lesbians, and Transgender People, and…)
Despite accounting firms changing their Twitter logos to rainbows for the month of June, a shocking number of LGBT accountants are straight up leaving the profession because they feel they don’t belong. This is very bad news considering how shallow the talent pool is to begin with. Thomson Reuters on IMA and CalCPA research: LGBTQ+ […]

Former and Current Alliantgroup Employees Speak Out About ‘Evil, Toxic, Emotionally Damaging Company’ (NEW UPDATE)
[Update to post originally published on May 25 with a fourth ex-Alliantgroup employee sharing their experience.] One thing I have learned since IRS Criminal Investigation and the Justice Department conducted a court-ordered raid of Alliantgroup’s Houston offices on May 20 is that there are A LOT of horror stories from ex-Ag employees about their experience working […]

The IRS Is Paying an Unwelcome Visit to Alliantgroup (NEW UPDATE) Experts Weigh In On Feds’ Raid of the ‘Blue A’
[UPDATE 13] Jonathan Curry of Tax Notes wrote an interesting article on June 16 about why federal authorities would conduct a court-ordered raid of an established company like Alliantgroup, and he talked to law professors and a tax lawyer about the legal ramifications of that particular action by the Justice Department and IRS Criminal Investigation. […]

PwC Canada Is the Latest Big 4 Firm to Get Busted By Regulators For Employees Cheating on Internal Training Courses
Ever since KPMG was fined $50 million by the SEC in June 2019 as a result of auditors at all levels cheating on internal online training exams by illegally sharing answers with colleagues and manipulating test results (as well as that whole KPMG audit partners stealing confidential inspection information from the PCAOB thing), we have […]

Friday Footnotes: Is Work Wrecking Your Body?; Ex-PwC Associate Gets Rich; AICPA to IRS: Do More | 1.28.22
6 red flags your body is breaking down from overwork [Fast Company] “There are two major ways that overwork can reduce health and longevity,” writes BBC contributor, Christina Ro. “One is the biological toll of chronic stress, with an uptick in stress hormones leading to elevated blood pressure and cholesterol.” She continues: “Then there are […]

Friday Footnotes: Canned Deloitte Manager Goes Off; Disrespectful Clients; Audit Smackdown | 1.21.22
Fired manager accuses Deloitte of defrauding VW and a #MeToo cover-up [Financial Times] A manager fired by Deloitte’s German business after raising concerns about alleged misconduct has accused it of defrauding Volkswagen and ignoring sexual harassment allegations against senior staff. The whistleblower made the allegations last week at a labour court in Stuttgart where he […]

Let’s Play a Game of ‘Which Big 4 Firm(s) In India Does This Bad Look Belong To?’
A tipster sent us this blurb that was published in the Suits & Sayings section of the Economic Times last weekend: When I first saw this, my first thought was that the Big 4 firm where the partner was supposedly sexually harassing women co-workers is EY in India, given its history of it allegedly happening […]

Friday Footnotes: Is KPMG a Bunch of Bullies?; Deloitte’s Karen Problem; Firm-Mandated Jabs | 4.23.21
Deloitte reveals number of staff complaints [Financial Review] Consultancy giant Deloitte has become the first major professional services firm in the country to voluntarily disclose the number of workplace investigations conducted each year – roughly 15 a year over the past three years – with the pressure now on rival firms to disclose similar data. […]

KPMG Agrees to $10 Million Deal with Female KPMGers In Lengthy Gender Discrimination Case
It took 10 years but an age bias lawsuit first filed against KPMG in 2011 by former senior manager Donna Kassman that now includes eight other plaintiffs and hundreds of other KPMG ladies, a vast majority of whom no longer work for the firm, is finally reaching the end of the road. Law360 reported yesterday: […]

Accountants Behaving Badly: Ex-BDO Puerto Rico MP Charged, Sick Demands, Stealing $365K
Plus, chartered accountant jailed after stealing £86,000, and bankrupt New Zealand accountant sentenced for swindling horse trainers. Ex-Puerto Rico officials charged in corruption probe [Bloomberg] Fernando Scherrer-Caillet, ex-managing partner of BDO Puerto Rico, was one of six people indicted by the U.S. Justice Department on March 11 over allegations of theft, money laundering and wire […]

PwC Would Appreciate It If Staff Would Stop Getting Drunk In the Office, Thx
In a former office of mine that shall remain nameless, we had a liquor cabinet. Working long hours, it wasn’t unheard of for my colleague and me to pour ourselves a drink at 5 on the dot, sipping vodka Red Bull as we tied up the day’s tasks. The arrangement worked well as we got […]

Guess Which Big 4 Firm Houston Astros Executive and Taunter of Female Reporters Brandon Taubman Used to Work At?
Houston Astros executive Brandon Taubman has made headlines in the past 24 hours for allegedly coming off as a jag in front of several female sports reporters. Deadspin wrote: During the Houston Astros’ clubhouse ALCS victory celebration Saturday night, Astros assistant general manager for player evaluation Brandon Taubman taunted three female reporters about the organization’s […]

Friday Footnotes: Me Too Too; CPA Cred Boosted; Why the F*ck Do Partners Get Paid Bank Despite Failings | 9.20.19
AICPA’s new forensic standard expected to boost CPA credibility on witness stand [Accounting Today] The American Institute of CPAs has a new forensic accounting standard due to take effect at the beginning of next year, and it promises to give CPAs a leg up in terms of their credibility in providing litigation support as expert […]

Friday Footnotes: Cocaine and Hookers; Facebook Slapped By the SEC; PwC on AI | 7.26.19
Geeky accountant who stole £150,000 and blew it on cocaine and hookers told to pay back just £1 [The Sun] Carvill, 38, was jailed for 2½ years after admitting fraud. His sentencing hearing was told he’d been bullied for most of his life and suffers very low self-esteem. Accountants ordered to disclose information on personal […]

Vault 2020 Firm Rankings: Culture, Leadership, Relationships with Supervisors, and Work/Life Balance
Hey, guys. Hope you all had a nice, relaxing holiday weekend. As you know, Mondays after a holiday weekend suck, especially if you hate your job. But there are accounting professionals out there who were probably champing at the bit to come to work today because they actually enjoy being there and being around their […]

What Will Be the Greatest Issue to Impact the Accounting Profession in 2019?
Around this time of year, we all inevitably start thinking about the year behind and the year ahead. Maybe we swear to do better come January, maybe we say fuck it and don’t change a thing. Whatever your approach to the stroke of midnight, it’s tempting to think about what issues might affect the profession in […]

Deloitte U.K. Fired 20 Partners for Being Scumbags
Over the past four years, Deloitte U.K. has gotten rid of about 20 partners for inappropriate behavior, including sexual harassment and bullying, the firm’s CEO, David Sproul, told the Financial Times in an article published on Dec. 9. “We will fire people for any inappropriate behaviour. No one is protected,” said David Sproul. “There has […]

Federal Judge Sides with KPMG in Gender Discrimination Lawsuit
KPMG scored a huge victory in court on Nov. 30, as a New York federal court judge declined to certify a long-running class-action lawsuit by thousands of current and former female KPMG tax and advisory professionals who accused the firm of gender, pay, and promotion discrimination dating back to 2008. While the ruling bars the […]

Accounting News Roundup: New York vs. TCJA, a Bad Q4 Looms, a ‘Misunderstood’ Generation | 01.04.18
Striking fear into the hearts of Oregonians. New York reviewing tax system changes after new federal tax bill [Reuters] Governor Andrew Cuomo plans to sue the federal government because the Tax Cuts and Jobs Act is “unconstitutional on the grounds that the first federal double taxation in U.S. history violates states’ rights and equal protection.” […]

Accounting News Roundup: Treasury’s One-Page Wonder; Unhelpful H.R.; ‘Sheer Curiosity’ | 12.12.17
Trump administration explains details of how tax plan would pay for itself, immediately gets attacked for assumptions [WaPo] No one is buying the conclusions of a one-page memo that expects the tax plan to generate a full percentage point more of economic growth than the Congressional Budget Office estimated. “One percentage point of higher growth […]

Accounting News Roundup: The Talent War, Tax Havens, and 20/20 Visions | 11.07.17
The Talent War I’ve noticed that there’s something hostile about how people describe the search for qualified finance and accounting professionals. Statements like, “IT’S A WAR FOR TALENT” or “THE BATTLE FOR THE TALENT IS ON” are so pervasive, I’ve been assuming for awhile now that human resource departments line up every Monday to calls […]

Accounting News Roundup: Air Force Jet Requests, Hair Solicitation, and Essence | 09.14.17
Plus, Deloitte made some money last year. Work perks (?) Ladies and gentlemen, I give you the guy in charge of tax reform: Secretary Steven Mnuchin requested use of a government jet to take him and his wife on their honeymoon in Scotland, France and Italy earlier this summer, sparking an “inquiry” by the Treasury […]

Accounting News Roundup: SoFi, Competitive Poaching, and Accounting Firms Can Do Anything | 09.12.17
Just slowly dying over here. SoFi Late on Sunday, The Wall Street Journal reported that fintech unicorn SoFi had been dealing with a workplace culture issues, specifically, allowing an environment that is openly hostile and sexually improper towards women. This included the former CFO, Nino Fanlo, who: would commonly make comments about the physical appearance […]

Accounting News Roundup: Taxes, *Very* Different Career Paths, and Lewd Behavior | 08.11.17
Taxes Consummate bullshit artist and current POTUS Donald J. Trump repeated one of his favorite falsehoods yesterday, saying, “We pay more tax than anybody in the world.” Although this has been discredited by countless economists and tax experts, they made the rounds again including this exasperated guy from the Tax Foundation: “Two years later, and […]

The AICPA Is Trying to Innovate You Right Out of a Job
As we are all painfully aware, the accounting industry isn’t exactly known for its groundbreaking commitment to early adoption and innovation. Despite its over 150-year history of being reactive and clinging desperately to the way things have always been, the AICPA announced this week a new initiative that hopes to fund important accounting startups. The […]

Accounting News Roundup: Construction, Uber, and Ronaldo | 06.14.17
Talent crisis? This is a talent crisis. Next time someone goes on about the shortage of talent in accounting, kindly remind them that things could be worse, like in construction. Similar to accounting, construction can’t hire young workers to replace its retiring experienced workers fast enough. But the double whammy for construction companies is that […]

Accounting News Roundup: Diversity in Accounting Could Be Worse; ‘This doesn’t pass the smell test’ | 05.01.17
Diversity in accounting: It could be worse! Accounting firms pay a lot of lip service to diversity. The Big 4, especially, like to point out the number of women and minorities they hire, and the statistics do bear it out. However, at the partnership level, the profile is still largely white and male. Still, accounting […]
How Would Donald Trump and Hillary Clinton Fit Into Public Accounting? A Brief Analysis
I don't imagine that too many people have given much thought to how Donald Trump or Hillary Clinton would fit into the accounting profession, but Peter Reilly did and I'm grateful: The only two roles I could see for Trump in public accounting are client from hell or managing partner. Public accounting firms at the […]
Diversity? Ugh.
Whenever Caleb assigns me a diversity article, my first thought is always “Diversity? Ugh.” I'm not alone in this. Movie director Ava DuVernay recently said that the word diversity “feels like medicine. 'Diversity' is like, 'Ugh, I have to do diversity.' I recognize and celebrate what it is, but that word, to me, is a disconnect.' […]
Friday Footnotes: Gay Marriage Wins; How Uber Conquers; Rand Paul vs. IRS | 06.26.15
Have a great weekend, double-entry mavens. Drop us stories and tips by hitting the button at the top of the page or emailing us directly. Follow us on Facebook, Twitter, Pinterest and write your accounting opus in Open Items. Supreme Court Rules in Favor of Same-Sex Marriage [AT] Sexism & Public Accounting [r/accounting, Earlier] Deloitte […]
Treat Vacation Like Avocados
ICYMI, I was away last week and in my absence the accounting world did not, I repeat — DID NOT — tilt off its axis. During my week of leisure, we had three excellent pieces from contributors on dead social security numbers, MBAs, and sexual harassment. Those managed to whet your appetites enough so I […]
KPMG Concerned Employees Can’t Resist Banging One Another
According to a tipster, KPMG distributed this the other day, because apparently sleeping with your coworkers is a serious problem over there.
Making the transition: Part 1 – Failure to Launch
Ed. note: it appears this bold soul is the first to audition to be Going Concern's next big thing. Let's be gentle. “What are your three strengths and three weaknesses?” asked the interviewing partner from Deloitte. I will always remember this question as my biggest interviewing bobble to date. Who the fuck asks for three?! […]
Going Concern Presents: Public Accounting Horoscopes
Wondering what the stars have in store for you today? Wonder no more, GC faithful!
Footnotes: Is That an Eagle or Something?; SEC and Trading; The Fine Art of Sexting Coworkers | 02.27.14
Some restaurants got the bright idea to add an "Obamacare surcharge" to orders [CNNMoney] The SEC Should Really Start a Hedge Fund I guess a bigger question, though, is why are so many SEC employees trading stocks in the first place? The authors' sample, which runs from August 2009 through December 2011, consists of 29,081 […]
Share Your Tips For Getting Through Your Miserable Work Life!
EYStaff started it: I always try to remember to smile when on the phone. It helps make your voice & tone sound more receptive -Lys #EYQuickTip #WhatIveLearned — Life at EY (@EYstaff) January 2, 2014 Any fellow @EYstaff want to share some tips?! Comment below! #knowledge -Lys — Life at EY (@EYstaff) January 2, 2014 […]
This Year, Resolve to Finally Decide What You Want To Be When You Grow Up in Public Accounting
As best I can tell, GC brought me on board for five reasons: Sex appeal. Sex appeal. Sex appeal. Tax knowledge. Partner experience. The first four are self-explanatory. As for the last one, Caleb and Adrienne seem to think that I might have words of wisdom to share with the unwashed masses because I’ve […]
Footnotes: Spreadsheet Addicts; Accounting is Totes Hawt; Where’s the Passion? | 09.24.13
Tim Ryan has an opinion on why accounting is still an attractive profession and you won't need to attend sexual harassment training afterward [Accounting Today] Patrick & Robinson CPAs – a firm out of Florida – is holding a contest in celebration of the 100th anniversary of the income tax. The gist of it is […]
Accounting News Roundup: Obama to Make New Offer on Corporate Taxes; Barnes & Noble’s Messy Books; Herbalife Still Feeling London Effects | 07.30.13
Obama to Offer New Deal on Corporate Taxes, Jobs [WSJ]Hoping to break an impasse, President Barack Obama today will extend a new offer to congressional Republicans in which he would back an overhaul of the corporate tax system in exchange for a guarantee that a resulting one-time windfall be used to underwrite various job creation […]
Accounting News Roundup: DOMA Decision Could End Grossing Up; IRS Loses Another Appeal; Bigger Is Better in Iowa | 03.28.13
DOMA's Elimination Could Benefit Ernst & Young, Google, Facebook By Ending 'Grossing Up' [HP]After her partner gave birth to triplets in 1998, Chris Crespo began paying closer attention to the employee benefits offered by her company, major accounting firm Ernst & Young. "I wanted to make sure that there was coverage for my children," said Crespo, […]
KPMG Is Spreading the Love With This Kuddling Kampaign
Thank you to the understandably skeptical individual who provided the following via the tip box: I received this informative health postcard in my work mailbox this morning. No word yet on whether they will provide a cuddle partner for me. HR must be looking for job security as I'm pretty sure cuddling in the audit […]
It’s Time To Retire the Useless Jargon
A reader sick of the clichés suggests we open the floor to discuss some overused phrases that should be retired immediately. Let's think outside of the box here, circle back and think big picture. The use of the phrase "reaching out" should be immediately discontinued! It's old jargon that people are totally sick of hearing. […]
New Accounting Club President Needs Help Trolling Peers, Firms
Need help working on your office etiquette or lack thereof? Trying to figure out how to hit on your colleague without getting dragged off to 12 weeks of sexual harassment training? We've got your back, just get in touch. I've just been elected Accounting Club President! Any suggestions on how to best troll my peers […]
Accounting News Roundup | 12.30.11
Ed. note: This is the last roundup of 2011, capital market servants. Thanks for a great year! We're taking Monday off back to a full slate on Tuesday. Have a safe New Year's and try not to do something stupid, like getting arrested or vomiting on your date's shoes. Of course if that does happen, […]
Accounting News Roundup: U.S. Companies Aren’t Ready for IFRS; Limited Liability Is a Godsend; Out with the Old GM CFO | 03.10.11
IFRS Outlook: Hurry Up and Wait [CFO]
Asked which are the most crucial accounting issues that their companies are facing in 2011, 34% of the 472 CFOs who responded to the question ranked “Convergence to IFRS,” or international financial reporting standards, as number one. Cumulatively, the respondents ranked IFRS convergence higher than any other accounting issue. Yet asked to describe their companies’ “readiness to comply with global accounting standards,” 44.2% said they hadn’t “begun to address convergence,” while 38.8% said they were preparing, “but far from ready.”
Satyam Seeks SEC Approval To Shorten Period of Earnings Restatement [