November 30, 2020

Going Concern Presents: Our Most Popular Posts of 2014

Is it 2015 yet? No? Well then, I guess we should crank out another year in review post before we bust out the champagne or nearest American knockoff.

We present the following for your nostalgic pleasure: our most read posts for 2014.

Compensation

Hands down, the most read posts this year were compensation threads. EY topped the list, followed by PwC, Deloitte, and KPMG in that order. Though they came in a distant 5th traffic-wise, Grant Thornton compensation discussions were lively enough to deserve a mention here.

Boy you people love money, don't you?

The KPMG/Rothstein Kass merger

By far, the biggest non-salary story of the year was the KPMG/Rothstein Kass merger. We were the first to ruin the surprise in February, and as the weeks dragged on, we saw folks leaving Rothstein Kass in droves, watched as RK quietly resigned as auditor due to a "transaction," and waited patiently for the obligatory press release announcing the merger. Finally, in May, it happened. Steve Kass still tried to stick to his guns, insisted that all this came as a surprise to him and he totally meant it when he said the firm wasn't for sale just before he sold the firm. Stay Klassy, Kass.

The EY/Ventas "independence violation"

By "independence violation," we mean there was banging. Not wanting to have to explain to PCAOB inspectors why the Ventas workpapers were stuck to one another, EY got ahead of the knowledge that an audit partner was sleeping with the chief accounting officer at the client and promptly took care of it. She was fired, he was demoted, and EY withdrew its audit opinions for the time in which the two were blissfully engaged in carnal pleasure.

KPMG had the honor of mopping up the mess and all was well at Ventas, proving that while sex ruins everything, it doesn't necessarily ruin the reliability of audit opinions.

And now the AICPA is prepared to take Greg's questions about sex and ethics.

Truth in advertising

We asked out loud: what if accounting firm slogans were honest? Unfortunately, Colin nixed this suggestion in particular, calling it too mean:

Is that too mean to McGladrey, or too mean to Delaware? We may never know.

Shots fired!

Not wanting to be left out from list season, we came up with a list of our own: the 20 most overrated things in accounting. Sure, Ringstrom almost quit when we said Excel was overrated but it was so worth it. #noregrets

Did we miss any of your favorite posts this year? Do let us know.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

Happy 4th, Y’all!

Happy Murica Day, everyone! Our benevolent handlers were kind enough to give us a three-day weekend so this is all you’re getting from us today. Knowing that some of you will be “at the office” holiday or no, here’s a little weekend reading. See you back here first thing Monday. Working from home: What does […]

Going Concern Presents: Our 10 Most Popular Posts of 2019

Well, you guys did it. You made it through another year. 2019 was a pretty crazy 12 months in the accounting profession, and we were glad to be along for the ride. This year we found out about KPMGers in the U.K. defecating in bathroom sinks. And we thought about who in accounting would survive […]