We’ve finally got a few details to share with you on last week’s layoffs at Grant Thornton.
According to a tip we received, ten professionals in Southern California were laid off, nine in the audit practice and one in the advisory practice. If you’ve got more details on these cuts on GT, get in touch with us and discuss in the comments.
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Is the Party Over?
In these frugal times, you may have noticed the lessening frequency of booze fueled get-togethers at your firm. Now that may new associates are/will be joining the number crunching fray soon we’re wondering if we’ll see a possible uptick in social events.
Knocking back some cocktails doesn’t always have the wide appeal in today’s diverse workforce (regardless of what the stats say) but often these fall events are well attended by boozehounds and non-boozehounds alike.
Discuss in the comments the current trend of socializing at your office. Is the culture at your firm or office drying out? Will it get amped up for the incoming staff? One would think that could be impossible judging by activity during this time of year in the past but since layoffs appear to be a bodily function for the firms these days, your celebrations may be occurring with less enthusiasm.
Bob Herz and Jim Kroeker Are Avoiding the Convergence Dance
For the love of everything that is good and holy, would someone like to be the FASB Chairman? Or the Chief Accountant of the SEC?
We realize that they’re both thankless jobs but we need people in there that are going to make some things happen.
After Jim Kroeker said this:
“[T]he boards have agreed that the projects that they’re working on are areas that need improvement, not just under U.S. GAAP but under IFRS, then I think convergence efforts should continue or would continue without an SEC finalization of the roadmap,”
Bob Herz is now saying this:
“[T]he ball is mostly with the [SEC] at this point” … Herz noted the SEC has yet to rule on the “roadmap” for U.S. compliance with IFRS it proposed a year ago.
So, let’s get this straight: JK is said, “You go first.” Now Bob Herz is saying, “No, you go first.” Does anyone want to introduce these two clowns? Are they waiting for knighthood before they move on this?
We suggest that somebody toss Mary Schapiro in there to A) complete the trilogy of stooges and B) so she can bonk their heads together. That might get them motivated.
Herz: U.S. Convergence Ball Is in SEC’s Court [CFO]