There’s constant conspiracy theories bellyaching about certain companies getting their former big shots into public service and regulatory positions (we’re talking about you, Maxine Waters).
Well now there’s speculation about former Big 4 partners working at the IASB.
We get it, those who used to work at the big firms shouldn’t be writing the rules. So who the hell is going to do it? Shall we have the likes of Friehling & Horowitz appointed as the standard setters?
The large firms have the biggest pool to choose out of, so natch they’re going to have some of the better candidates to delve into this wonky rule-writing stuff. We’re probably lucky that there are people out there that actually want to serve on these boards, lots of Big 4 partners can barely turn on their computers.
Related Posts
Our Advice: Always Remember Pants
We’re presenting a typical dress code that one firm put up for its recruitment season. It’s not really important whose it is because you could slap any firm name on it and it would be believable.
Women
• When wearing a skirt, hosiery is a good idea.
• Shoes should be clean and not too high. Strappy sandals are not very professional.
• Spaghetti straps and strapless tops are not okay in the office or a networking event.
• Make sure skirts and tops are not too tight or too short. Your midriff should never be exposed.
• Hair should be kept neat and simple. Jewelry should be conservative and tasteful – never make noise or too distracting.
Men
• Keep any facial hair neatly trimmed.
• Pants should be clean and pressed. They should be tailored, sit at the waist and rest on the top of the shoes.
• Shirts should be clean, pressed, and collared.
• Be sure to wear socks that match–not athletic socks.
General
• Aim for a neat, clean look.
• Remove visible body piercings and cover tattoos.
• Pay attention to the fit of your clothes–make sure they aren’t too tight.
• Keep perfume/cologne to a minimum.
• Always think about what message you want to send. If you have to stop and wonder, “Can I get away with this?” it’s probably not a good idea.
Our first reaction to this list is that while women seem to have the most rules, lots of men we’ve observed need serious fashion help. Lots of men wear khakis that look like Hammer-pants. And “matching socks”? Is this the best they got for gents?
So, discuss fashion faux-pas. State your most hated abuse of fashion in the comments. Personally, pleated pants are pretty much the worst. Btw, “don’t dress like a ho” doesn’t suffice as a faux-pas you dolts.
Footnotes: Learning Ethics From Unethical Folks; Ads Ads Everywhere | 05.21.14
Fed Sees No Inflation Risk in Stimulus to Spur Job Market [Bloomberg] Google would serve […]
Moss Adams Gives Venture Bank the ‘It’s Not You, It’s Me’ Routine
Things that could be perceived as bad:
• Your auditor is putting a going concern paragraph in your audit opinion.
• You agree with your auditors when they tell you that you have a material weakness in internal controls.
• It’s August 5th and you haven’t filed your 10-K..
Along with everything listed above, Venture Financial Group entered into an agreement with the Federal Reserve Bank of San Francisco that lists a bunch of stuff that Venture can’t do. Plus they get to report to Fed-SanFran every quarter how they’re doing such a good job at not doing anything they’re not supposed to.
More, after the jump
Apparently all this was more excitement than Moss Adams could stand because they’re kicking Venture to the curb after the 2008 agreements are finished. The firm broke the news to Venture on July 24th and the SEC got the filing just last week.
Accounting firms being the dumper and not the dumpee is usually a good sign of damaged goods. Best of luck to Venture Bank in its quest to find new auditors.
Firm bows out of Venture audit [The News Tribune via Jr. Deputy Accountant]