Quick note: there will be no news brief next Monday, we are out for the […]
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Friday Footnotes: EY Money Troubles; Fast Food > Public Accounting; From Athlete to Associate; | 12.16.22
Big 4 EY Looks at Backup Plans on Split Amid Higher Costs, Slower Growth [Wall […]
Big Clients Bitch to Big 4 Firms About Audit Fees, Get Pissy About Partner Pay
Across the pond, audit fees are up (22% in four years) and apparently the companies […]
Mazars and Armanino Just Abruptly Stopped Working For Crypto Clients
Two things to share today. First, Mazars has “paused” crypto work effective immediately. Reports WSJ: […]
Carmine Di Sibio Will Be King of Advisory If EY Splits
It was 1985 when Italian-born Carmine Di Sibio joined EY as an auditor, 34 years […]
Grant Thornton is Trialing a “Nine-Day Fortnight” Schedule to Ease Burnout in Australia
In a profession already notorious for burnout, staffing crises continue to wreak havoc on the […]
No One Should Be Surprised to Learn FTX Used QuickBooks
Before the House Committee on Financial Services on Tuesday, recently-appointed FTX CEO John J. Ray […]
KPMG Pulled In a Kool $34.6 Billion in Global Revenue in FY 2022
Well, well, well, KPMG had a 14% increase in global revenue in its 2022 fiscal […]
PCAOB Chair Williams Reminds Us For the 1,000th Time She Is Sick of Auditors’ Bullsh*t
Another day, another scathing speech from PCAOB Chair Erica Williams. Today it’s from prepared remarks […]
Accounting Fraud Watch: Ex-Wirecard CEO’s Trial, Cronos Gets Smoked, Bad PR for Ex-PR Firm CFO
The Fall of Wirecard, a Tech Scandal That Rocked Germany, Reaches a Courtroom [New York […]
EY Dumbly Nixes Mid-Year Bonuses
On a Friday all-hands call, EYers learned not to expect a bonus from Santa this […]
Monday Morning Accounting News Brief: Living in Mom’s Basement; OnlyFans Tax Investigations; Finance vs. Accounting | 12.12.22
“I don’t care how messy your accounting is … you’re definitely going to notice if […]