Don’t mind if Uncle Sam is up in your biznass 24/7? Thrive in a thankless atmosphere? KPMG is your favorite Big 4 firm? We know that you don’t sleep. Job is yours.
The bastions of financial responsibility at Citigroup have announced a new CFO, the second in four months. The lucky SOB is John Gerspach who got the bump from Controller. Best of luck John. Now how about those dividend checks?
Citigroup Names Gerspach CFO; Kelly Shifted to Strategy Role [Bloomberg]
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Creepy Accountant of the Week
No matter how good this guy was at preparing tax returns, we recommend finding someone else, if you’re in the Mesa, AZ area:
Jess Alan Skousen was arrested at his Mesa accounting business Wednesday for allegedly having illegal child pornography on his laptop computer
Mesa Police Department spokesman Ed Wessing sai [sic] Skousen, 40, was arrested after his wife found sexual images of children on his computer.
Ouch. The wife turned him in. Can’t say that we blame her.
Wessing identified Skousen’s business as Self Tax Preparation on Stapley Road. The pictures found on the computer include those of children between ages of 2 and 15, some in sexual poses, according to Wessing. The Arizona Corporation Commission lists a number accounting, tax and other businesses under Skousen’s name.
Eight year-olds, Dude.
Mesa tax preparer arrested on child porn charges [Phoenix Business Journal]
Presented Without Comment
“The CPA profession had a great run for these past six years,” said Marc Rosenberg, creator of the Rosenberg Survey. “The post-Enron climate created a huge surge in demand for CPA firm services, allowing firms to virtually become order takers. Throttled by a historically low supply of experienced staff, partners worked harder than ever before, and the benefits showed up in their paychecks: Income per partner rose 50 percent since 2003.”
Moss Adams Values ‘A Balanced Life’ over ‘Accountability’
It’s pretty much a given that all “serious” accounting firms have “values” that they pitch to their rank and file and other interested parties.
Rumor has it that Moss Adams has recently changed the ‘A’ in their PILLAR of values from “Accountability” to “A Balanced Life”. This may or may not be a completely arbitrary change but it does put the firm out there as a work/life horn-blower.
While we applaud the attempt of accounting firms to provide a balanced life, it is certainly a debatable reality. Besides, shouldn’t a public accounting firm be accountable before it provides a balanced life? Many will make the argument that if you don’t want to work overtime for very little gratitude you should GTFO of public accounting. Can’t say we disagree.
While the thought of accounting firms having actual values is nice, sometimes brutal honesty would be really refreshing. One would think that smaller firms would have the luxury of leveling with their employees about what the culture is like.
However, judging by the switcheroo by MA, they like to do the work/life song and dance just like the big boys.
If anyone from the Moss Adams family would care to chime in on the latest switch in values, please do so. Also, for those of you at the other smaller-ish firms, let us know about your firm’s open commitment to balanced life (or lack thereof). If you work at a big firm, just complain away about your work/life balance.