Tiny Rhode Island Town Settles Its Billing Beef With Marcum Over Out of Scope Services
The little 7,997 person town of Charlestown, RI has settled its issues with Marcum after “furious” town officials received an unitemized $55,992 bill for out of scope services on the town’s 2022 audit. Reports The Sun, council members received the out of scope services bills dated January 18 and February 15, on top of the […]
A Spanish Communist Is Concerned About Excessively Long Hours at Big 4 Firms
This story was highlighted in yesterday’s Monday news brief but it deserves its own spot so that future generations might Google “Big 4 abusive practices” and stumble upon it. Financial Times reported that the labor ministry of Spain sent inspectors to the Madrid offices of Deloitte, EY, KPMG, and PwC back in November in the […]
Remote Accountant Who Billed Too Many Hours Owes Her Former Firm $2700 For ‘Time Theft’
NPR has a strange story of a Canadian accountant and a firm with time tracking software installed on work laptops that should give remote workers pause before submitting their next time sheet. NPR: When Canadian accountant Karlee Besse was fired for being unproductive at her job, she found herself up against not only her former […]
Grant Thornton is Trialing a “Nine-Day Fortnight” Schedule to Ease Burnout in Australia
In a profession already notorious for burnout, staffing crises continue to wreak havoc on the personal lives of accountants everywhere much to the detriment of firms that refuse to turn down work yet lack the warm bodies to get it done. Grant Thornton has a crazy idea to alleviate at least a little of that. […]
Exposure Drafts: You Can’t Run From the Billable Hour
Exposure Drafts appears every other Wednesday. Send your accounting cartoon suggestions and failed resolutions to [email protected] and follow Greg Kyte on Twitter.
Exposure Drafts: Good Mentors, Bad Utilization
Exposure Drafts appears every other Wednesday. Send your accounting cartoon suggestions to [email protected] and follow Greg Kyte on Twitter.
Exposure Drafts: Nobody Gets to the End of Their Career and Asks, “What was my realization rate?”
Exposure Drafts appears every other Wednesday. Send your accounting cartoon suggestions to [email protected].
Exposure Drafts: The Stuff That Keeps CPAs Up at Night
Exposure Drafts appears every other Wednesday. Send suggestions to [email protected].
Exposure Drafts: Roses Are Red, Violets Are Blue, You Bill by the Hour, So Get Back to Work
Exposure Drafts appears every other Wednesday and on holidays ruined by busy season. Send suggestions to [email protected].
Deloitte Doesn’t Want You Wasting Billable Hours Searching for Adulterer Profiles
It was bound to happen at some point. I thought we'd be able to take the high road on this Ashley Madison data dump mess, but NOOOOOOO, here we are digging around in people's private lives. It is the internet, after all. Really all we have for you is an anonymous tipster who dropped us […]
Last Minute Gift Ideas for the Accountant in Your Life
If you are looking for gift ideas for accountants, we suggest you check this post by CPA Insider. If you are looking for gift ideas for accountants that you can't actually buy, you came to the right place. Here are just a few things we would have liked to see this holiday season for the […]
Here’s Further Proof That Accounting Firms Need a Charge Code for “Wasting Time on Internet”
Okay, maybe some of you don't count the r/accounting subreddit as "proof" but that doesn't mean these things aren't happening! From the "How much of your day is spent just browsing the internet?" thread, the OP claims that it's just 10%. That's bush league compared to some of the comments that include: I work 8-5 M-F. […]
Reminder: Daylight Savings Time is an Excellent Opportunity to Rip Off Clients
If you are one of those strange people who still has to set your clocks manually, you may not be aware that this Sunday marks the beginning of Daylight Savings Time. You may also not be aware — and this goes for you, partners and other such grunt-wranglers — that DST is an awesome opportunity […]
Passing the CPA Exam While Billing Over 2500 Hours in a Year Is Way Harder Than Having a Baby
This may just be one of the greatest rants to come from /r/offmychest/ ever. Here's the deal. This chick is pregnant. And she's sick of everyone telling her what a miracle it is. You know what's a miracle? PASSING THE CPA EXAM, BITCH: -A stranger today told me that having a baby will be my […]
Timesheet Wars: Non-Billable Codes Are Orwellian Busywork
Timesheets, billing rates, and chargeable goals still piss me off. I haven't tracked my time for three years, but thinking about it is like thinking about that time I ate some bad salami. I'm probably not going to puke now, but I probably did back then. I hated working under the billable hour. I became […]
Study: Billing by the Hour Makes You Suck
A recent study from City University London determined that "the 'tyranny of billable hours' in professional service firms leads to over-charging clients, overworking junior employees, and avoiding strategic issues." Thanks to Professor Obvious, his two-year study of tax lawyers at an undisclosed Big 4 firm, and his grant from the Institute for the Verification of Stupid Shit, now the […]