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The Secret to Plante Moran’s Success is a Jerk-Free Environment

Posted on by Adrienne Gonzalez

Remember the Vault Accounting 50? And remember how Plante Moran would have swept it were it not for PwC's pesky prestige dominating the rankings?

Well Plante Moran says its secret is a jerk-free environment:

If you eliminate what outsiders think, Plante Moran and Friedman become a main focus of the study. Plante Moran was ranked the top firm in six quality of life categories, including business outlook, culture, firm leadership, informal training, internal mobility and promotion policies. The mid-west firm, which operates office locations in Michigan, Ohio and Illinois, as well as several overseas, has been named one of Fortune magazine’s 100 Best Companies to Work For in America for 16 consecutive years.

Gordon Krater, managing partner at Plante Moran, said the key to the firm’s culture is employing the right kind of people. “We are relatively jerk-free,” he said. “If you act like a jerk often, there is no room for you here.”

I'm just going to leave this here…

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Firm Watch: KPMG

KPMG_chair.jpgSo after dissecting opining on sliming P. Dubs and E&Y, we’re moving on to KPMG in round three. We’ll dispense with the pleasantries and get right to the list:
• New Century Lawsuit – This is the ball buster for KPMG. A $1 billion lawsuit filed back in April that alleges “grossly negligent audits”. This tale also includes a smoking gun quote from an email sent from New Century engagement partner to a specialist, “As far as I am concerned, we are done. The client thinks we are done. All we are going to do is piss everybody off.” We’re not sure if it’s possible to take that out of context.
Check out the rest of the Radio Station’s list, after the jump


• Madoff Exposure – Per D&O Diary, the Radio Station is named as a defendant in at least ten lawsuits as a result of auditing the Madoff feeder funds.
• Overtime Lawsuits – Listed as a defendant in five lawuits.
• Layoffs, Pay Freezes, etc. – Allegedly, the word that pay was being frozen was slowly leaked from the top on down. Layoffs have been pretty steady for the last twelve months including rounds in November and March in the audit and advisory practices. In addition, the ubiquitous trend of performance rating cuts is in full effect, and we just learned that by the this time last year, audit interns had heard yay or nay on receiving a full time offer. That probably makes for some nervous intoxicated co-eds.
• Miscellaneous – Phil Mickelson, the Radio Station’s walking billboard, was a bridesmaid at the U.S. Open for a third fourth fifth time.
Done-zo. Anything else you want to see tacked on? Drop us the dirt at [email protected] and we’ll get it in for the final tab.