Deloitte University Is Getting Bigger Because God Forbid KPMG Have the Superior Brainwashing Compound
Dallas Morning News reported yesterday that groundbreaking on a “massive expansion” of the already massive Deloitte University campus in Westlake, Texas will begin in January. Deloitte’s been wanting to expand for a while but was waiting on Tarrant County commissioners to approve more than $5 million in tax breaks. “We certainly appreciate the great corporate […]
Layoff Watch ’23: Deloitte UK Cuts More Than 800 People Because Business is Slow and People Aren’t Quitting
Reported earlier today by Financial News, Deloitte UK is cutting approximately 3 percent of its workforce or more than 800 people. The cuts are concentrated in consulting, financial advisory, and risk advisory though a few audit and business services folks also got the axe. FN cites slowing demand in the second half of the year […]
According to Deloitte, Partners Crowdsurfing in Mosh Pits is Not a Party
Deloitte Australia’s 1,000 or so partners gathered in Adelaide at the end of August and according to Sydney Morning HeraldĀ reporting ahead of the totally-business-and-not-pleasure gathering, it was absolutely in no way whatsoever a party. Per Deloitte themselves. Consulting giant Deloitte is holding a big partner bash from Thursday, flying in more than 1000 partners and […]
Deloitte Global Smashed Revenue Records Again
Deloitte reported global revenue today and no one will be surprised to hear that it once again broke a record: $64.9 billion for the 2023 fiscal year ended May 31, 2023. That’s a 14.9% increase from Deloitte’s 2022 revenue, not quite as big a jump as the 19.6% increase between 2021 ($50.2 billion) and 2022 […]
Let’s Check Out Deloitte UK’s New ‘Future of Work’ Office
*pic not of the actual office, those are at the bottom Deloitte UK has officially announced its new ‘future of work’ office in Edinburgh, Scotland, ‘future of work’ in scare quotes being their choice not ours. The new digs are 16,383 sq ft of space at 9 Haymarket Square, a new, mixed-use development that includes […]
In Shocking Blow to Pro-Office Leadership, People Will Quit If You Force Them Back Into the Office
Just in case the C-suite needs more evidence that precious talent hates being corralled back into their cubicles, Deloitte has released a new survey that says if you force it, they will not come. Most people are surprisingly OK with going into the office, just not all the time Here are the key findings from […]
Deloitte Is Delaying Start Dates. Again.
Poets&Quants reported yesterday that Deloitte is pushing back start dates for MBA new hires, for some they’ve been pushed back all the way to spring of next year. The details: Many of the MBAs hired by Deloitte, one of the worldās biggest accounting and financial advisory firms, have been informed that their onboarding with the […]
Team Deloitte is Ready to Kick Some Ass at the 2024 Olympics
I have nothing negative to say about this (for once). Everyone, meet Team Deloitte. These 25 elite athletes ā among them 19 Deloitte professionals along with a few Deloitte alumni and sponsored athletes — are training to qualify for the Olympic and Paralympic Games Paris 2024. What an incredibly creative and difficult way to get […]
Deloitte is Taking the PwC Tax Scandal Straight to the Bank
Although consulting is having a bad year in Australia overall, it seems there’s a tiny bright spot glimmering from the swampy depths and it’s Deloitte cleaning up on PwC’s sloppy seconds. Australian Financial Review: Deloitte is on target to become the largest of the big four consulting firms this financial year thanks to the collapse […]
Which Big 4 Firm Gets Sued the Most in Federal Court? Deloitte By a Long Shot
Have you ever wondered which Big 4 firm has been involved in the most federal litigation in the last four years? No? Well Law Street Media put together this beautiful post about Big 4 firms getting sued in federal court anyway and you’re going to read it. The article is all about analytics so of […]
Deloitte Just Admitted to Misusing Government Information Ć la PwC Tax Scandal
So the firms are up against the Australian Senate this week, answering uncomfortable questions about their inner workings all because one PwC partner couldn’t keep his mouth shut and blabbed confidential government tax intel back to the firm so PwC could make some money off of it. While that situation continues to destroy PwC’s reputation […]
Deloitte Plans to Have a Third of Its Workforce Operating From India Within the Next Four Years, Says South Asia CEO
That’s it. That’s the story. Published today in India’s business paper The Economic Times: Deloitte plans to have around 30% of its workforce operating from India within the next four years, with an estimated total employee count ranging from 150,000 to 160,000, as the country figures prominently in the firmās global growth plans, according to […]
People Shouldn’t Be in a Constant State of Stress and Exhaustion Due to Their Jobs, Deloitte Report Unironically Says
Yesterday, Deloitte released a new report in collaboration with independent research firm Workplace Intelligence that tackles the important issue of employee well-being. Like the employees, employee well-being isn’t doing so great. To arrive at these conclusions, they conducted a survey in March 2023 among 3,100 employees, managers and C-level executives across the U.S., U.K., Canada […]
Deloitte Risk Advisory Associate Director Who Praised Hitler on LinkedIn No Longer Works at Deloitte
Ed. note: this article’s headline has been changed as we don’t actually know if he got fired or not. Neerabh Mehrotra, formerly Associate Director at Deloitte India, has been let go after he gushed over Adolf Hitler’s charisma, intelligence, and confidence on LinkedIn. The post: Text transcription, courtesy Google Lens: šFriday Inspirationš Recently I picked […]
Deloitte Picks Up an EY Alum As Chief Tax Officer-in-Residence
This one is fresh off the newswire. Deloitte announced its Chief Tax Officer Program is bringing on Paul Stephens, a 25 year veteran of AT&T, to serve as independent senior advisor. His job will be to advise Deloitte Tax staff and senior leadership “while also helping CTOs and their finance organizations create value for their […]
Talent-Strapped Down Under Deloitte and EY Are Importing Staff
We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing? Oh wait, that means something different. We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. […]
Deloitte Inked a Deal For 14,000 Square Feet of Brand New Office Space in Las Vegas
Las Vegas Review-Journal has reported that Deloitte will be one of the first tenants for the second phase of mixed-use development UnCommons in southeast Las Vegas. Developer Matter Real Estate Group announced last week that the firm will occupy 14,000 square feet on the third floor of the fourth UnCommons office building, due to be […]
Deloitte Suddenly Placed a Bunch of Crypto Job Ads?
Blockworks has written about activity on LinkedIn and Google Jobs suggesting “that Deloitte is on the prowl for crypto natives to join its ranks.” A LinkedIn search shows 331 crypto-y roles at Deloitte, almost all of them posted last week. Blockworks’ job hunter says the other Big 4 — you know who they are — […]
What TF Is Going on With Deloitte Promotions?
It’s promotion time at Deloitte and what is usually a time of celebration has devolved into disappointment and confusion for many. We’ve been tipped to unexpected promotion results and pointed to a thread on r/Deloitte that breaks it down: I just met with my coach and although I was rated as strong in all categories, […]
Layoff Watch ’23: Deloitte Makes Some Cuts in Risk & Financial Advisory (UPDATE)
Apparently a 3% reduction was announced in an RFA (Risk & Financial Advisory) all-hands call today (April 20). Saw only one mention of it on thelayoff and many, many on Reddit. Like this one on the Deloitte sub: According RFA All Hands: 3% of RFA will be laid off, most of which will be in […]
Guess We Should Discuss Deloitte’s RTO Plans
Yesterday the PwC return to office plan set to be announced May 3 and take effect after the firmwide summer break was all but confirmed and in a discussion about it I came across this: Therese are nothing when compared to Deloitteās planned RTO announcement which has a tentative announcement date of the Tuesday after […]
Deloitte Sets Its Sights on the Final Frontier
A few weeks back we wrote up EY Australia’s Space Hub and its impressive new ex-NASA hire. This week, we’ve learned that Deloitte has its own big plans for space. In an April 4 press release, Deloitte announced a formal space practice “to connect organizations in rapidly growing global space ecosystem.” That’s obviously a direct […]
Looks Like Deloitte Is Ditching Its Downtown Atlanta Office
Before anyone gets too excited, Deloitte isn’t going fully remote in Atlanta. Atlanta Business Chronicle reports Deloitte has not renewed its 260,000 square foot lease at 191 Peachtree according to loan documents reviewed by the Chronicle. It’s suspected that the firm is downsizing. Multiple sources with knowledge of the market say Deloitte is eyeing Midtown. […]
Deloitte Global CEO Joe Ucuzoglu Just Mic Dropped EY’s Messy Split Drama
Joe Ucuzoglu, the former head of Deloitte US and current Deloitte Global CEO, has recorded a 20 minute video which was circulated to all firm leadership yesterday and then, just to be sure EY sees it to be as transparent as possible, had it published to the Deloitte website for all to see. In it, […]
People Angry About an Elevator Are Angrily Marching to Deloitte’s Vancouver Office Today
Today, residents of the Portland Hotel in Vancouver are marching to Deloitte offices to speak to Varun Banthia, Policy Specialist at Deloitte Future of Canada Centre. The issue? Their nine-story dwelling does not have a working elevator and Banthia sits on the board of directors of the PHS Community Services Society, a charitable non-profit that […]
Fans of Punit Renjen Will Be Happy to Hear the Former Deloitte Global CEO Has Landed a Sweet Board Chairman Gig
This morning, SAP announced that it has picked former King of Deloitte Punit Renjen as designated supervisory board chairman. You’ll remember he was liberated from Deloitte last fall after many years and many billions of dollars together with the firm. Deloitte US CEO Joe Ucuzoglu succeeded Renjen as Deloitte Global CEO at that time and […]
The Largest Accounting Firms in Portland, Ranked by Number of CPAs Working There
Been a while since we’ve ranked anything, thankfully Portland Business Journal came in clutch today and gave the world a good old fashioned ranking of Portland accounting firms. The full list of 30 firms costs $30 and we don’t have money like that so we’re looking at the five we can see for free. There’s […]
We Had to Scroll Really Far Down to Find a Big 4 Firm on This Glassdoor Best Places to Work List
Life at Deloitte was trumpeting an appearance on Glassdoor’s latest Best Places to Work list yesterday so naturally we swung over to the list to see what’s what. At @Deloitte, weāre committed to our peopleās professional & personal well-being. That’s why we’re thrilled our organization has been named one of the Best Places to Work […]
Deloitte US Picked a New CEO and Chair, Sent Out an Email
How many times can we reuse this stupid Deloitte billboard picture? Deloitte US announced this morning that Jason Girzadas has been selected as chief executive officer and Lara Abrash has been selected as the chair of the board, beginning June 4, 2023, subject to a partner ratification vote. Jason succeeds outgoing CEO Joe Ucuzoglu who […]
Apparently Staff at Deloitte UK Did Not Warm Up to the Firm’s Money-Saving Cold Office Policy
In what was a particularly dry day for news seeing as it was the first Monday of a new year and nothing ever happens in accounting anyway, yesterday’s Monday accounting news brief included a story ripped from BBC about Deloitte lowering the temps at its UK offices as policy. I shall endeavor to copy and […]
Apparently Custom Deloitte Stan Smith Adidas Sneakers Are a Thing
As seen on LinkedIn and Instagram: Deloitte and ServiceNow have a partnership/alliance so thatās why both brands are on the shoes. Anyone got a pair? Related article: Would You Rock These KPMG Kicks?
Deloitte’s Latest PCAOB Inspection Report Is Its Worst Since 2017
Uh-oh, this cantāt make Joe U., Lara Abrash, and other Deloitte audit folks happy (bold part added by us for emphasis): In the 2021 inspection of Deloitte & Touche LLP, the PCAOB assessed the firmās compliance with laws, rules, and professional standards applicable to the audits of public companies. We selected for review 54 audits […]
Deloitte Transparently Informs Us Asians and Males Have the Highest Attrition at the Firm
The 2022 Deloitte Diversity, Equity, and Inclusion (DEI) Transparency Report somehow flew under our radar when it came out in August, probably because Deloitte puts out approximately 263 reports a week and it would be impossible for your average person to read and understand each and every one of them. As the name implies, the […]
Deloitte UK Got a 27.5% Discount on Audit Fines For Admitting They Screwed Up
That sound you hear? It’s KPMG leadership breathing a heavy sigh of relief for not being the name attached to audit failure headlines this week. Our lucky winner today is Deloitte. The Financial Reporting Council has fined Deloitte UK more than Ā£900,000 (a cool $1,081,444 Federal Reserve notes) over its shoddy audit work for building […]
Deloitte Gave a Million Bucks to the New Smithsonian American Womenās History Museum
The Smithsonian American’s Women’s History Museum is still in planning stages and has received a generous donation from Deloitte to support the project. There is of course a press release: The Smithsonian American Womenās History Museum has announced a $1 million gift from Deloitte to support the development of the new museum. The donation establishes […]
Deloitte and PwC Top This Indeed List of Companies Hiring Tech Workers
The tech sector continues to lay off talent in droves (don’t worry, it doesn’t affect you) and Indeed has helpfully put together a list of companies looking for tech talent to assist the newly laid off in finding a new gig. At the top of this list with the most jobs? Deloitte and PwC. Interestingly, […]
Confirmed: People Who Work For Deloitte Are Zombies
We always suspected there was something odd about people who work for Deloitte, now we know. They’re zombies! It seems Deloitte offered up a unique recruiting ad during yesterday’s long-awaited Walking Dead series finale. Excuse the potato quality of this screen recording, I’m on a Windows 3.1 machine. I’ll see if I can dig up […]
A Certain Big 4 Firm Gets Another Chance to Screw Up a State’s Unemployment Benefits System
We canāt fool you guys. Of course itās Deloitte! Hopefully Uncle D will do a bang-up job this time for the state of Michigan, unlike some of the other state unemployment benefits systems it has handled (or mishandled) like Florida, Illinois, Colorado, and California. The Detroit Free Press reported on Nov. 15: Michigan’s Unemployment Insurance […]
Begging for a Signing Bonus *After* Accepting an Offer is Not How This Works
A disappointed new Deloitte hire must have gotten wind that the firm offers signing bonuses if itās desperate for warm bodies, but this person wasnāt presented with one when they accepted their job offer. So they went on r/Deloitte to ask for advice. And the responses this person got back are about what youād expect […]
Deloitte Just Canned a Bunch of Old Leaders to Make Way For Younger Ones in the UK
FT is reporting that Deloitte just axed half of UK executives this week, a surprisingly abrupt move that was announced to staff yesterday. The reason? “The changes were driven partly by a desire to replace older members of the management team with younger partners who would be young enough to run for election as chief […]
Let’s Speculate About Who Will Be the Next CEO of Deloitte
With Joe U. going global, there will soon be a vacancy in the office of the CEO at Deloitte. Fortunately for the Green Dot, it has enough people waiting in the wings who have the bona fides to fill that seat. Letās take a look at a few of the top contenders who could be […]
Our Audits Sucked Because the Auditors Are Exhausted, Says Deloitte Australia
Last week the Australian Securities and Investments Commission (think Aussie PCAOB) informed us that Deloitte and KPMG need to take “continued deliberate and concerted action” to improve the quality of their audit work because apparently it is just that bad. Deloitte did not meet ASIC standards on half of audits inspected, KPMG came in at […]
Joe Ucuzoglu Ascends the Throne of Deloitte Global, Maybe Someone Will Care This Time
Deloitte announced today that the man with the hardest to spell last name in accounting Joe Ucuzoglu will be taking over for Punit Renjen as Deloitte Global CEO. Yes, there’s a press release: The Deloitte Touche Tohmatsu Limited (Deloitte Global) Board today announced the selection of Joe Ucuzoglu as Deloitte Global CEO, subject to a […]
Another Deloitte Survey Says ‘Purpose’ is Just as Important as Pay (Yeah Right)
Deloitte pushed out some survey results this week that confirm what leaders have been telling themselves ever since the first Millennials entered the workplace at the turn of the century: ‘purpose’ is just as important as pay. Sure, guys. Sure. A Deloitte survey of over 4,000 respondents* found that over half of employees (62%) consider […]
Deloitte Partner Who Got Sh*tfaced Drunk and Made an Ass of Himself at the Horse Races Will Be Retiring
You know how they always say accounting is a small world and you should take care not to burn bridges? Well Stephen Cahill, partner and head of Deloitte UK’s executive compensation practice, decided to say “fuck that and fuck you too” this past June when he went on a sexist, racist tirade in the company […]
The Talent Shortage Has Gotten So Bad Clients Are Now Doing Their Own Audit Documentation
The Securities and Exchange Commission has charged Deloitte China with failing to comply with fundamental U.S. auditing requirements because in numerous audits over numerous years Deloitte China asked clients to select their own samples for testing and to prepare their own audit documentation. From the SEC press release: The Securities and Exchange Commission today charged […]
According to This List, Deloitte is the Best Big 4 Firm For Women
Fortune has come out with their 100 Best Large Workplaces for Women list and while no accounting firms made the top ten, Deloitte managed to claw their way up to #16 from #51 in 2021 thus making them the highest-ranked Big 4 firm on the list. To determine the Best Workplaces for Women, Fortune research […]
Promotion Watch ā22: Deloitte Admits 279 New Partners and Principals
Deloitte recently unveiled its latest class of overachievers, which includes 107 new partners and 172 new principals for fiscal year 2023. This newest class is a biggun compared to others in recent yearsāDeloitte admitted 169 new partners and principals for FY 2022, 125 for FY 2021, and 150 for FY 2020. Want more numbers? OK, […]
The Pope (Yes, That Pope) Has a Message for Deloitte: People Over Profits
So apparently Pope Francis had a meeting at the Vatican with a roomful of Deloitte consultants yesterday? And in his address, the Holy Father told them business has the power to help suffering people and to help tackle crises worldwide, including the pandemic and war. As if there weren’t enough pressure on people at Big […]
Another Year, Another Revenue Record For Deloitte in 2022
This morning turned out to be a pretty big Big 4 news day. First, we had EYās top brass approving splitting its auditing and consulting businesses (no surprise here). Then we had Deloitte announcing its global revenue for 2022āand itās a record amount (no surprise here either). The Green Dot pulled in $59.3 billion in […]
Deloitte is Out Here Being Cringey on LinkedIn Again
That polar bear’s name? Albert Einstein. Related articles: We Get It Lady, You Work For Deloitte Whatās Up With Deloitters and the LinkedIn Cult Mentality? Everyone Knows 11-Year-Olds Canāt Wait to Work at Deloitte
Deloitte Just Lost a Quiet Cybersquatting Dispute With a Privacy-Focused Crypto Company
Have you heard of DYKC? We haven’t. It’s not like it’s our job to know what giant accounting firms are doing across the globe at any given moment. Apparently Penultimate Media Systems hadn’t heard of Deloitte’s “Know Your Customer” services either when they registered DontKYC.com in August 2021. Deloitte decided to stomp that out lest […]
Word Hits TikTok That Big 4 Firms Are Cheap Bastards, “It’s Modern Day Slavery”
Deloitte Australia is trying to be transparent by releasing salary data but apparently this tactic isn’t working, not with Daily Mail writing headlines like Young Aussie reveals why many millennials no longer want to work in corporate jobs – after boomers said the generation was ‘lazy and entitled’ that is. Here’s the TikTok that inspired […]
Everyone Knows 11-Year-Olds Can’t Wait to Work at Deloitte
Why do people post this crap on LinkedIn. Thanks for doing your part to feed the pipeline, ma’am.
Here’s How Much Auditors and Consultants at Deloitte Australia Make
Deloitte Australia is putting it all out there and revealing exactly how much its people make. Australian Financial Review reports: Deloitte Australia chief executive Adam Powick has revealed the minimum pay rates for the firmās audit and consulting divisions as part of a strategy to be more transparent with staff and attract more skilled professionals. […]
Los Angeles Might Outsource Its 211 Phone Service to Deloitte and People Are Not Happy
Deloitte Consulting might be picking up a new client: the downtrodden of Los Angeles County. ABC7 reports: Los Angeles County’s nonprofit “211LA” hotline to health, human and social services is on the verge of being turned over to a private company, pending a vote by the county’s Board of Supervisors. The supervisors are slated to […]
Deloitte’s Prized Playground Might Be Getting An Upgrade (UPDATE)
[UPDATE] Deloitte University, aka Deloitte Disneyland, will be getting some new attractions now that Tarrant County commissioners approved tax breaks for Deloitte to proceed with a $300 million expansion of its training center campus in Westlake, TX. The Dallas Morning News reported on July 26: Commissioners unanimously approved a 10-year deal that could save the […]
Deloitte Has Calculated the Tangible and Intangible Value of the Roman Colosseum Because of Course They Did
Deloitte got their calculators out and put a dollar value on The Colosseum of Rome, the largest amphitheater built during the Roman Empire, the largest standing amphitheater in the world today, and top Italian tourist destination. Despite listening to Tiziano Ferro for 20 years, my Italian sucks so here’s Google’s translation of the newly released […]
Deloitte Is Getting a Service Doggo!
We are putting aside our usual bitterness toward Big 4 firms for a moment here because PUPPY. Deloitte is getting a dog! Weāre excited to share that @deloitte is getting another #puppywithapurpose š¶šŖā deepening our commitment to #veterans and their families. Before our puppy officially joins ā he needs a name! Naming contest is open […]
UK Audit Watchdog Says Deloitte Is Doing Some Good Auditing Across the Pond
Deloitte is doing a great job keeping the Financial Reporting Council happy these days. Per the FRC’s recently released 2022 Audit Quality Inspection and Supervision Report, the audit watchdog is pleased with the progress the firm has made and the absence of serious deficiencies: In the 2020/21 public report, we concluded that the firm had […]
Pittsburgh Man Acquitted of Manslaughter In the Death of Deloitte Consultant
A jury in Honolulu reached a not guilty verdict on July 11 in the manslaughter trial of 39-year-old Pittsburgh resident Benjamin Fleming who was charged last year in the death of his college classmate and Deloitte Consulting employee Abhishek Gupta while the two vacationed with another friend in Hawaii. āI emphasized throughout the trial that […]
Deloitte Survey: C-suite Execs are Burned Out, Delusional, and Lack Empathy (And Also Want to Quit)
There’s some new Deloitte research out this week and it is hi-lar-ious. It seems executives have absolutely no clue what their underlings are going through, mistakenly think they’re doing a good job of making said underlings think they care, oh and they too are stressed AF and thinking about quitting their jobs. Man, things are […]
Compensation Watch ā22: Deloitte Lifts the Lid on Raises (UPDATED)
[Updated post from June 6 with new data from Going Concernās 2013 comp thread.] Big 4 compensation season kicked off a little more than a week ago when Deloitte employees got their comp statements and then proceeded to head over to r/accounting to whip it out and show it off for all to see. Since […]
Deloitte Shares Unique Data on How Many Bullies and Perverts Used to Work for Them
Deloitte Australia has disclosed stats on workplace misconduct and revealed how many people got punted as a result of internal investigations reports Australian Financial Review: Deloitte has investigated 145 misconduct allegations over the past year and found more than half, or 80, were substantiated, leading to 20 employees being āexitedā from the consulting firm. The […]
Deloitte is Coming to Take PwC’s Consulting Crown in Australia
News is slow over here in the land of Coors and corn syrup, let’s take a quick trip to Oceania. Via AFR: Deloitte is challenging PwCās place as the largest consultancy by revenue in Australia as the firm posts a 19 per cent jump in income to $2.5 billion in the year to May. The […]
Deloitte Sued by Former Manager After the Partner She Was Banging Turned Weird and Stalkery (Allegedly)
Guys (and gals) I don’t know how many times we have to say this but please, please don’t bang people you work with. There are like three billion men or women in the world for you to pick from (6 billion if you’re bisexual heck yeah *high five*); more precisely there are 2.3 billion adults […]
Deloitte Will Be the Next Big 4 Firm to Split Audit and Consulting, Says WSJ; Deloitte Denies
The rumor mill got fired up a mere 14 days ago when the Wall Street Journal reported EY was considering splitting its audit and advisory arms (pesky regulators and conflicts of interest and whatnot). As interns and accounting students who aren’t even going to Meet the Firms yet blew up social media asking what this […]
Former Deloitte CEO Is a Big Fan of ‘Smors’
No, Cathy Engelbert isnātĀ talking about the delicious summertime treat. Sheās talking about āsmall moments of recovery.ā āI learned this at Deloitte because when youāre running a firm of that size, you have to find time. We dubbed themĀ smors. My EA used to put them on my calendar: Small moments of recovery. You need moments during […]
Simu Liu Thanks Deloitte Canada For Canning Him 10 Years Ago Today
Just spitballinā here but I think getting fired from a Big 4 firm and no longer doing a job he hated worked out pretty well for the star of Marvelās Shang-Chi and the Legend of the Ten Rings. Here is what Simu Liu posted on Instagram today: So is now-retired Deloitte partner Paul Gibbons the […]
The Fortune 100 Best Companies to Work For: Deloitte #24 (2022)
Today Fortune released its 25th installment of its 100 Best Companies to Work For, a ranking weāve covered off and on for the past 12 years. And the No. 1 bestest company for 2022, according to Fortune, is Cysco Systems. Congrats to them. In the professional services category, notables include Accenture at No. 6, Protiviti […]
LinkedIn Must Have Noticed All of Those Cringey Posts About How Great It Is to Work At Deloitte
If you arenāt aware of said cringey LinkedIn posts from Deloitters, see Adrienneās articles here and here. Here are a couple other examples: Anyhoo, based on all of the posts from butt-kissing Green Dotters (or not), Deloitte is one of LinkedInās top 50 companies in the US: In honor of being named a LinkedIn Top […]
Another Big 4 Executive Bites the Dust In the UK (UPDATE)
[UPDATE/Jason Bramwell] The Telegraph reported this past weekend that Deloitte UK gave its former diversity and inclusion chief, Dimple Agarwal, around Ā£8 million last year after an internal investigation cleared her of bullying staff. Reports began to surface overseas on March 4, 2021, that she had resigned from Deloitte following the bullying accusations against her. […]
CF MontrƩal Poaches Someone From Deloitte and Issues a Press Release, Part I
TIL Deloitte Canada had a former Canadian professional footballer in its partnership. Gabriel Gervais, 45, who joined Deloitte of the Canadian variety in 2009 and was admitted into the partnership in 2019, played for the Montreal Impact (now CF MontrĆ©al in the MLS) from 2002-08 when the club was part of the United Soccer League. […]
Homeless Guy Who Murdered Deloitte Consulting Senior Manager Michelle Go Won’t Be Going to Trial Anytime Soon
According to published reports, psychiatrists at Bellevue Hospital in Manhattan determined after a medical evaluation that Martial Simon, the homeless man who killed 40-year-old Deloitte Consulting Senior Manager Michelle Go while she was waiting for a train inside the Times Square subway station on Jan. 9, is mentally unfit to stand trial. Simon, 61, didnāt […]
Here Are the 20 Richest Football Clubs In the World, According to Deloitte
The Walmart of professional services firms just released the latest installment of its Football Money League report, which profiles the financial performance of the highest revenue-generating clubs in the world of football … er, soccer. And hereās why all you hooligans should be interested in this yearās report, according to Deloitte: This yearās edition is […]
Deloitte Joins the Rest of the Big 4 to Cut Ties With Russian Clients
Well thatās that. All Final Four Horsemen of the Accounting Apocalypse have now announced they are abandoning their operations in Russia in response to Vlad Putinās war against Ukraine. PwC and KPMG announced on Sunday they were cutting ties with their member firms in Russia, EY released a similar statement earlier this morning, and Deloitte […]
Bonus Watch ā22: Deloitte Tax Tries to Lock In Seniors and Managers For Two More Years By Dangling Retention Bonus
Another Deloitte practice is tempting its seniors and managers with a one-time lump-sum payment to try and keep them around a little while longer. A tipster told us: Seniors and managers in Deloitte Tax are eligible for a $20k retention bonus. They would have to pay it back if they leave before 2 years. Payouts […]
Vault 50: Deloitte Consulting Still Has the Prestige Factor Going For Them (2022)
Yesterday we recapped the 2022 Vault ranking of the best consulting firms to work for and the lack of a Big 4 presence in the top 10, including Deloitte Consulting, which went from fourth in 2020 (highest among the Big 4 consulting practices) to 11th in 2022. But despite Deloitte Consulting now paying the price […]
All This Question From Life at Deloitte Needs Is a Two-Word Answer
As people continue to leave the largest public accounting firms, including Deloitte, in droves because they feel undervalued and underpaid, the people who run the Life at Deloitte Twitter account must have their heads in the sand by asking this question the other day: What's YOUR favorite way of being thanked at work and at […]
KPMG Poaches Someone From Deloitte and Issues a Press Release, Parts IV, V, and VI
Thereās been quite a bit of poaching activity across the globe lately among the four horsemen of professional services firms, so hereās a quick recap of people who have left their green dots behind and joined the redheaded stepchild of the Big 4. In the UK, Serdar Cabuk joined KPMG as a partner in the […]
Scenes From the Candlelight Vigil In Honor of Deloitte Consulting Senior Manager Michelle Go
A candlelight vigil was held in Times Square last night in memory of Michelle Go, the 40-year-old Deloitte Consulting senior manager who was killed by a mentally ill homeless man last Saturday morning while waiting for a train inside the Times Square subway station. Here is a collection of photos and videos from last nightās […]
RIP Michelle Go, Deloitte Consulting Senior Manager Who Was Murdered In NYC Subway
I heard about this awful news over the weekend but didnāt realize until yesterday that the victim, 40-year-old Michelle Go, was part of our accounting stratosphere. The New York Times reported: On Saturday morning, Ms. Go left her apartment on the Upper West Side and was about to step onto a subway in Times Square […]
Deloitte Just Gave the Malaysian Government Several Wheelbarrows Full of Ringgit (UPDATE: KPMG Pays Up Too)
[Updated article originally posted on June 3, 2021 with additional information about KPMG settlement.] From the Ministry of Finance in Malaysia on June 3: The Government has received a settlement payment of RM336 million (US $80 million) related to 1Malaysia Development Bhd (1MDB) from Deloitte PLT. In a statement today, the Ministry of Finance (MoF) […]
New Clemson Athletic Director Is An Ex-Green Dotter
This is not your typical ālife after Big 4ā career move, but Graham Neff will likely make more money as the new director of athletics at Clemson University than he would had he ended up staying at Deloitte. Sports Illustrated reported: Before Clemson, Neff served two-plus years in several senior administrative roles at Middle Tennessee […]
What’s Up With Deloitters and the LinkedIn Cult Mentality?
The hashtag-laden digital fellatio of professional services firms continues. OK, first of all… no, you know what, never mind. I’m recalling something my mother told me once 33 years ago about not having anything nice to say. Who exactly was this for? Did he pass it to his manager on his last day? Will it […]
Compensation Watch ā21: Deloitte Puts Mid-Year Raises On the Table (NEW UPDATE)
[Updated on Dec. 14 with market adjustment message to employees, additional raise percentages.] Mid-year raises are definitely rolling out at Deloitte now that a comp thread has been created on Reddit. To recap, in late September, Deloitte CEO Joe Ucuzoglu told staff in an email (scroll down for the full text of Joe U.ās email) […]
Big 4 Item of the Week on eBay: Deloitte Haskins & Sells Luggage ID Tag
Now that air travel is starting to open up again for those of you in public accounting (I know, itās mostly client and project dependent at this point), this weekās Big 4 Item of the Week on eBay is a must-have for all you longtime Deloitters. Youāll be the envy of your fellow business travelers […]
Deloitte Came Oh So Close to Having a Historically Low Audit Deficiency Rate
If it was any other year, champions of audit quality would be throwing Deloitte a ticker-tape parade for only having two glaring errors out of 53 audits inspected in the firmās newly released 2020 PCAOB inspection report. But it was PwC auditors who were the ones pulling ticker-tape out of their hair while Deloitte was […]
We Get It Lady, You Work For Deloitte
There’s a disturbing social media trend afoot, and no it’s not sex workers claiming to be accountants on TikTok. Over the last few years, LinkedIn has gone from a useful tool for professional networking to Letters to Penthouse for business. Y’all know what I mean. The long, rambling posts littered with hashtags — often written […]
Bonus Watch ā21: Deloitte’s Audit Practice Is Trying to Nip This ‘Great Resignation’ Thing In the Bud By Offering Retention Bonuses
Thereās a firm that finally gets it when it comes to giving employees of one of its core lines of service a reason not to join the mass exodus that is going on right now in the Big 4. Itās not promoting some fictitiously great company culture. Itās not giving employees Omaha Steaks or 1-800-Flowers […]
Deloitte Canada Fined $350,000 By the PCAOB For Fudging Audit Workpapers
Someone lit a fire under the asses of those who work in the PCAOB enforcement division because they issued seven disciplinary orders to audit firms and accountants from Sept. 22 to Sept. 30. One of those firms was Deloitte Canada. Compliance Week reported: The Public Company Accounting Oversight Board (PCAOB) on Wednesday [Sept. 29] imposed […]
Promotion Watch ā21: Deloitte Admits 169 New Partners and Principals In the US
The smell of new partners and principals still permeates the air at the biggest of the Big 4, as Joe Ucuzoglu recently gave his blessing to the newest class of rainmakers at Deloitte. This latest class (technically the class of FY 2022) is 35% larger than last yearās class at Deloitte and 13% larger than […]
Don’t Worry About Deloitte Partners In the UK, They’re Doing Just Fine
The Financial Times yesterday wrote about the rich getting richer at the Queenās Deloitte: Deloitteās UK partners will receive an average payout of about Ā£1m after the accounting firmās profits rebounded from a pandemic slump last year, helped by the sale of its restructuring division. The share of profits to 700 equity partners is the […]
Compensation Watch ā21: Deloitte Staff Gets Some Encouraging News About Raises and Promotions (NEW UPDATE)
(Updated post from July 14 with a comparison of average raise percentages per promotion from 2020 and 2016.) In July we took a look at how raises this year at PwC compared to 2019 and 2017 because they were hyped up so much by PwCers on the usual chatter sites, and for the most part, […]
Deloitte Is the First Big 4 Firm to Clear $50 Billion In Global Revenue
Big 4 revenue bragging season is officially underway with Deloitte being the first out of the gate. But before we get to Deloitteās haul for fiscal year 2021, letās recap last yearās global revenue results: Deloitte: +3.9% to $47.6 billion PwC: +1.4% to $43 billion EY: +2.3% to $37.2 billion KPMG: -1.8% to $29.2 billion […]
Even a Marvel Superhero Knows How Horrible Working at a Big 4 Firm Can Be
āI remember being in the offices of Deloitte, counting down the seconds until five oāclock, or whatever time it would be that I could finally leave, and just feeling miserable every day at the office. Feeling like I wasnāt where I wanted to be.ā ā Simu Liu, star of the new Marvel film Shang-Chi and […]
KPMG Poaches Someone From Deloitte and Issues a Press Release, Part III
We havenāt heard or seen anything about the Big 4 exodus being as big of a thing in the UK as it is in the US, but it seems like thereās been a slight uptick in the amount of Big 4 hopping going on across the pond. The latest is Daniel Barry joining the partnership […]
Beginning October 11, You Won’t Get Into Deloitte US Offices Without a COVID Vaccine
In a firmwide email today, Deloitte US announced that the firm is strongly suggesting its 113,257 people get their Rona jabs if they haven’t already, and should they not do so, they can expect to be shut out from Deloitte offices beginning October 11. The “no shirt, no shoes, no vaccine, no service” policy has […]
Deloitte Doesn’t Want to Play In the Sandbox with the Big Law Kids Right Now
āWe are monitoring these developments. At this point in time, though, we just donāt believe itās practical to enter the practice of law.ā ā Steve Kimble, CEO of Deloitte Tax in the U.S., said in an interview with Bloomberg Law about the possibility of Deloitte stomping around Big Lawās turf in the States. What developments […]
Deloitte Poaches Someone From PwC and Issues a Press Release, Part V
Not in Australia this time around. In today edition of āBig 4-on-Big 4 Poaching From Around the World,ā we head across the Atlantic where the Queenās Deloitte has nabbed a longtime PwCer and magically turned her into a partner: DeloitteĀ in the UK has hiredĀ Kanika MehtaĀ as their latest Partner to join their Transaction Services team, after […]