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November 23, 2022

Accounting News Roundup: BofA CFO Shakeup; PwC’s Traction in Consulting; BDO’s Revenue | 07.23.15

Bank of America Financial Chief Exits as Part of Shake-Up [WSJ]
Bruce Thompson surprised many with his resignation, as he was thought to be a successor to CEO Brian Moynihan. Paul Donofrio takes Thompson's place as CFO. 

Why Bain and McKinsey should care about PwC's growth in consulting [AFR]
The acquisition of Booz & Co. (aka Strategy&) seems to be paying off, at least Down Under.

Whistle-blower laws fail to curb Toshiba accounting fraud [Bloomberg]
Japan's whistleblower protection laws have been in place for more than a decade, however, one professor believes they have "no teeth."

BDO Sees Annual Revenue Jump 26 Percent [AT]
ICYMI: "All of BDO’s business lines contributed to growth, particularly in the consulting and advisory practice, which experienced a 51.4 percent growth in revenue. The firm's tax practice also saw a large growth rate of 29.9 percent, while the assurance practice grew a healthy 17.5 percent."

Is It OK to Shoot Down Your Neighbor's Drone? [Gizmodo]
Short answer: no.

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