Welcome to the last Monday morning news brief for the month of June. We’ll have some big layoff news coming this afternoon, if you work there you have already gotten a calendar invite (sorry!). Anyway, here’s what else is going on. Early this morning Reuters published a gruesome timeline of PwC scandals and failures going […]

Good morning and happy Monday, here we are again. Let’s get this over with. Thousands of Reddit communities have gone dark to protest company’s controversial new API policy. Funny enough Reddit is completely down this morning so I can’t confirm r/accounting is MIA. Edit: Still there and still miserable. Bless your cold little hearts. Deloitte […]

Hello and welcome back to another fabulous week. Here’s what’s going on. PwC Australia has named all 67 people involved in the confidential tax leak in an unpublished letter to lawmakers ahead of parliamentary hearings later this week. Jan Bouwens, Professor of Accounting, Amsterdam Business School, Amsterdam, Netherlands writes a letter to Financial Times suggesting […]

Good morning and happy Monday! How’s everyone doing? Let’s start off with a positive post on r/accounting. I had to check the weather report for Hell when I saw it. Current and future accountants, you have a lot to be optimistic about. by u/manthisis in Accounting Moving on, PwC Australia continues to rack up the […]

Good morning and happy Monday! Here’s some stuff happening. Virginia Society of CPAs is tackling the question “is 150 too many?” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a […]

Hi! Happy Monday. Here’s some news to get the week started. We’ll be writing this up later but you might as well read about it now, PwC Australia CEO Tom Seymour has stepped down from his post. Financial Times: The head of PwC in Australia has resigned as chief executive three days after admitting that […]

The EY split is really dead. Were there any doubts? A WSJ exclusive: Leaders of EY’s dominant U.S. and U.K. operations are focused on repairing the damage from the 18-month effort to split the firm’s auditing and consulting operations, known as Project Everest. “My message to everyone about Everest is, it’s behind us,” Kevin Flynn, […]

Good morning and welcome to another Monday. Here are a few stories to whet your appetite for what promises to be a thrilling week in accounting ahead (obligatory /s). Study Finds Negative Impact on Audit Partners who Give Adverse Internal Control Opinions: As regulators review audit independence requirements to figure out whether the rules should […]

Good morning and happy Monday! Here’s some news. The PCAOB wants to dismiss a lawsuit brought by an anonymous auditor who challenged the board‘s “secret” disciplinary proceedings: Among other reasons, the board noted that John Doe‘s Jan. 19, 2023, suit was filed in the U.S. District Court for the Northern District of Texas. But the […]

It’s Monday. Yay. Here’s what’s going on. Smaller accounting firms have asked Big 4 to share their expertise [FT]: Smaller rivals have called on the UK’s Big Four accounting firms to share their audit expertise and technology, but partners at the big firms say they fear being accused of breaking competition law if they do […]

Hey and happy Monday. Let’s get the big news out of the way and work our way down. Daily Mail Australia spoke to a former KPMGer who says she reported bullying and then promptly got fired: Speaking under the condition of anonymity, a 35-year-old woman now claims she was subject to bullying by her colleagues […]

They just had to use this picture, didn’t they? Alright, here are some other headlines for ya. Deloitte, Accenture, McKinsey: Who Are The Top Consulting Firms For B-School Students? The world’s largest accounting and professional services firms in terms of revenue and workforce, these prestigious firms are renowned for offering high salaries with a generous […]

Hello and happy Monday. Or just Monday, I’m not here to force emotional responses. Here are a few things going on in our little corner of the world. From Forbes’ America’s Best Management Consulting Firms: For the second year in a row, both Bain & Company and Deloitte were the most-recommended consultancies, with star ratings […]

Hello and Happy Monday! Here’s some stuff going on in our little corner of the world. A former Deloitte partner is suing Metropolitan Life Insurance Co. for disability benefits, saying he’s unable to return to his “highly-demanding” position because of multiple mental health conditions: The lawsuit, filed Thursday in the US District Court for the […]

Good morning and happy Monday! Things were a bit quiet last week as much of the profession currently has their heads down grinding through the best time of the year, this week will likely be much of the same. BDO layoffs were the significant story from last week and may signal the start of a […]

In Australia, EY is still bungling this one up: EY accidentally leaked the personal details of current and former employees while trying to launch a massive review into the firm’s workplace culture. The Big 4 Accounting firm announced the independent review following the tragic death of EY worker Aishwarya Venkatachalam, 27, who fell to her […]

Since it’s Monday and all, let’s start with this: ‘Bare Minimum Monday’ is the latest workplace trend hitting productivity We’ll write this one up later: Accounting firm Ernst & Young launches probe into sexual harassment claim filed by Hong Kong employee after allegation goes viral online [South China Morning Post] Employee says she and her […]

Good morning and Happy Monday! Here’s some news to start the week and give you something to talk about around the virtual watercooler. Auditing is the most “in demand” finance career right now according to a new study from CMC Markets, an online trading platform, which analysed monthly Google searches using Ahrefs for jobs within […]

Deloitte & Touche LLP partners and staffers failed to make financial disclosures required to ensure the independence of their audit work, according to new details from the firm’s 2018 PCAOB inspection. [Bloomberg Tax] Britain’s accounting watchdog said on Monday it will monitor whether auditors were making spot checks on their compliance with environmental, social and […]

Last week someone complained about the format I’ve been using for this linkwrap since I started doing it many, many Mondays ago so just for them, here’s some bullet-free bullet points in lieu of one giant paragraph. Don’t say I never did anything for you. Brazilian retailer and PwC client Americanas filed for bankruptcy, its […]