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February 2, 2023

Accounting News Roundup: Big 4 See, Big 4 Do; Tesla’s Top Accountant Leaves; Politics and Tax Breaks | 03.09.18

KPMG, PwC to include partners’ pay in gender gap calculations [FT]
Following EY and Deloitte’s inclusion of partner pay, KPMG and PwC will play ball after “public pressure” in the U.K.

Tesla’s top accountant and controller leaves [MW]
Eric Branderiz is resigning for “personal reasons,” according to a securities filing. The company did not “specify an interim controller nor outlined a search for his replacement.” Elon Musk fanboys, act accordingly.

Georgia Fuel Tax Break Controversy Highlights Concerns over Political Aspects of Taxation [BNA]
The dustup between the Georgia GOP and Delta Airlines over the NRA highlighted the issues of 1) how punishing a taxpayer for political differences is basically blackmail; 2) most tax breaks for corporations really shouldn’t exist to begin with.

KPMG’s Gupta Auditors Could Be Stripped Of Licences Soon [HuffPo]
The South African Institute of Chartered Accountants is looking into the conduct of eight former KPMG employees who were involved in the work for the Gupta family.

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The featured job of the week is a Senior Tax Accountant with DePretis CPAs in Pleasanton, Calif. They’re looking for someone with 3+ years of recent tax experience in a CPA firm.

Previously, on Going Concern…

I reported on how some KPMG employees seeking some help with audit software might end up with phone sex instead.

From the archives: A New Species of Frog Has Been Named After Deloitte. See also: Should You Be a Freelance CPA?

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