CONFIRMED: Mid-Tier Firms Are Getting Out of the Public Company Audit Game (UPDATE)
Ed. note: an earlier version of this post had the word “rumor” in the headline. As it has now been confirmed that several firms are exiting the public company audit space, we’re calling this one confirmed. Kinda. We’ve received this tip a few times now from a few different people, time to throw it to […]
Armanino’s Former Crypto Team Has Left and Formed Their Own Shop, Allegedly
Having happily offered services to crypto clients since 2014, Armanino very nearly marked ten years in the crypto space until the catastrophic collapse of crypto exchange FTX in November 2022 forced them to part ways with crypto clients seeking assurance, FTX being one of them. As a reminder, here’s what happened in December: Armanino is […]
Mazars and Armanino Just Abruptly Stopped Working For Crypto Clients
Two things to share today. First, Mazars has “paused” crypto work effective immediately. Reports WSJ: Cryptocurrency-trading giant Binance said the accounting firm it uses to reassure customers that their money is safe has paused all of its work for crypto clients, and said the outflows from its platform had swelled to $6 billion. Mazars, a […]
If There Was a PCAOB In the Metaverse, It Would Probably Find a Bunch of Errors In Prager Metis’s Audits Too
In an article for CoinDesk, Francine McKenna took a crack at why the FTX debacle happened, and like she always does when there’s really bad accounting at a company going through a financial crisis, who are/were the auditors: It’s not clear why FTX commissioned two different audit firms to audit its 2020 and 2021 financial […]
Promotion Watch ’22: Armanino Lets 24 Overachievers Into the Partnership
This year’s new partner class at Armanino isn’t light on the ladies. In fact, 13 of the firm’s 24 newest rainmakers are women. Sharon Bhalaru, Consulting, Austin Surbhi Bordia, Tax, San Jose Tom Brunton, Consulting, Dallas Noah Buxton, Blockchain, San Francisco Catherine Catherine, Business Management, Los Angeles Emily Conley, Audit, St. Louis Crystal Do, Business Management, Los Angeles Kathy Ferguson, Audit, Dallas Ryan […]
Promotion Watch ’21: Armanino Gives Keys to the Partnership to 14 Lucky Boys and Girls
Jan. 1 was an extra-special day for eight men and six women at Armanino. Not only did they get to add “Partner” to their LinkedIn profiles, but they were a part of the largest new partner class in the firm’s history. Here are the newest partners who now get to spend more time sitting in […]
Armanino Employees Were Made Whole For the Holidays
According to a tipster, here’s the latest news regarding employees getting their money back at Armanino, the 21st largest CPA firm in the whole damn nation: Back in April, everyone took a 10% pay cut as a result of COVID. Yesterday [Dec. 17], our CEO Matt Armanino announced during our fourth quarter webcast that the […]
Layoff Watch ’20: It Has Been a Terrible Tuesday For Some Folks at Armanino
[Updated with additional information.] Ugh, the hits just keep on coming. We received two tips on Tuesday morning about layoffs going down at Armanino, specifically in Los Angeles and Dallas. But another source told us on Wednesday that the firm’s newest offices in Seattle and Irvine, CA, were hit the hardest; however, we don’t know […]
The Seattle Armanino Office Is Getting Creative With Their Recruiting Efforts
According to this r/accounting post, OP recently passed the CPA exam and their colleagues decorated the office to celebrate. It seems the cunning folks at the Armanino office across the way spotted the decorations and went in for the kill. To quote a commenter in the thread, “Fuckin recruiters these days man.” For those of […]
Armanino’s ‘Perfect Taco’ Video Will Make You Swear Off Mexican Food for Life
Dear accounting firms, Year after year y’all pour countless dollars and manhours into producing some of the cringiest YouTube content in existence (topped only by Joey’s World Tour and his obscene foodsex noises) and each time you manage to outdo yourselves with cringiness. Just stop. Stop trying to relate to “the kids,” and definitely stop […]
Armanino Poaches Someone From RSM and Issues a Press Release, Part I
While Armanino didn’t help its newest partner escape the clutches of a Big 4 firm, it did nab him away from a top five firm, which is still a pretty good get. Armanino LLP, one of the 25 largest accounting and business consulting firms in the U.S., today announced Patrick Chylinski has joined the firm as […]
Accountingfly Featured Job of the Week: Audit Senior with Armanino LLP
Accountingfly’s featured job this week is an Audit Senior with Armanino LLP in San Francisco, CA. Position: Audit Senior Location: San Francisco, CA Employer: Armanino LLP Requirements: 2-7 years experience in audit or assurance; bachelor’s or master’s degree; CPA Armanino is not your typical CPA firm. We’ve got the dynamic culture of a startup, with the stability and […]
Sponsored: Guidelines for Taking an Active Role in Your Performance Management
This is sponsored content brought to you by Armanino, an Accountingfly Firm Partner. For better or worse, career progression in public accounting is tied to performance reviews. Employees tend to see these reviews as a once-a-year report card, rather than an ongoing process, and this is a mistake. By taking an active role in your […]
At Armanino, Pursuing a Niche Results in More Than Just Making Partner
This is sponsored content brought to you by Armanino, an Accountingfly Firm Partner. In January 2016, Jason Gilbert became a partner at California-based Armanino LLP, 10 years after walking in the door as a 24-year-old staff accountant. His rise took the usual hard work and talent, but he clinched the partnership spot by getting creative―and […]
Sponsored: Armanino LLP: A Silicon Valley Startup Dressed Up as a CPA Firm
Please enjoy this sponsored content featuring Armanino, an Accountingfly Firm Partner. If you’re not familiar with California-based accounting firm Armanino, it’s about time you got acquainted. You see, Armanino has quietly become one of the most innovative and respected firms in the US. And they’re pretty funny, too. In this year of the denim, no […]