It’s truly a mystery why this is happening.
Can Anyone Help This Eager Applicant Figure Out Why They Can’t Get an Interview at Deloitte?
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Jefferies Follows Select Comfort’s Lead, Dumps KPMG for Deloitte
So this makes two SEC clients lost for KPMG in as many days. Again, Jefferies had no disagreements with KPMG yada yada yada. Jefferies didn’t even receive a GCO like Sleep Number. However, KPMG did include this language for this year’s (i.e. December 31, 2009) audit opinion:
“As discussed in Note 1 to the consolidated financial statements, in 2009 the Company retrospectively changed its method of accounting for noncontrolling interests in subsidiaries and earnings per share due to the adoption of new accounting requirements issued by the FASB.”
BFD, right? Could Jefferies really be so bent of shape over that to make the auditor switcheroo?
The other point is — and maybe we’re making a mountain out of a molehill here — this is the second example of a non-standard auditor opinion from the House of Klynveld followed by clients kicking them to the curb for the clean scalped, mustachioed comfort of Deloitte.
One thing is for sure and that is that Deloitte is clearly on the offensive here after losing so many SEC clients last year. Still, we’re curious about a few things: 1) Is Big D going after KPMG clients specifically? 2) Is there a secret weapon being employed to woo these clients (e.g. Barry does a dead-ringer Dr. Phil impression during the presentation)? 3) Are KPMG clients upset about Tim Flynn stepping down as chairman? OR are they upset that the Radio Station is still camping out in Iran?
If you’ve got concrete knowledge, crackpot theories or just want to take a shot in the dark (since most of you are probably drinking by now) on this new and emerging (?) trend, fire away.
8-K [Jefferies]
10-K [Jefferies]
Jefferies Announces the Engagement of Deloitte & Touche LLP as the Company’s Independent Registered Public Accounting Firm [Business Wire]
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5 thoughts on “Can Anyone Help This Eager Applicant Figure Out Why They Can’t Get an Interview at Deloitte?”
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I mean, the candidate is throwing their resume against every job opening.
India has one of the highest unemployment rates for white collar jobs for individuals between 20ish-30ish years old and I remember seeing it was as high as 30% at some point.
I can’t remember where I saw it but I also remember talking to team members in the USI practice who made it seem like the job market was absolutely terrible for them…this also explained why they would sleep in the office for consecutive days.
Thats just not true. More likley the resume is not great
I have worked for a Big 4 firm. This candidate is applying for every job and all at the same time. This is a red flag and they will not even entertain their application. While working at one of the big 4 firms and seeking internal positions your HR partner would advise you not to do this because of what I mentioned above. If this person wants to work at a Big 4 or any organization they need to apply to jobs that align with their experience. If applying to more than one job at the same company, the roles should be very similar. I would suggest applying to no more than 2 jobs and again only if the roles are very similar. Otherwise, it screams that you’re all over the place.
Accounting analyst, Financial advisor, Energy industry senior analyst, Government services senior analyst, Strategy & technology senior analyst, International tax consultant, etc.
No way to be qualified for all of these, making it look like some kid out of school throwing a generic, non-qualified resume at every single job listing. Being rejected for all of them is not surprising.