Let’s Discuss These CPA Exam Drop-Out Numbers
First, a chart: Many candidates who began the #CPAexam 2012 dropped out by 2014. What obstacles did you face in this period? pic.twitter.com/8C1UrPujID — NASBA (@NASBA) May 29, 2015 As a wise man once said, "That's fucking interesting. That's fucking interesting, man." The chart seems to make sense — for candidates starting in 2013, they […]
Celebrate the New Year with Accounting Salaries Charted by Company Type, Role, Service Line and More
We present the following charts for your enjoyment, amusement, and/or bewilderment.
The Big 4’s Spurious Independence in One Chart
Mark O'Connor of Monadnock Research wrote an epic post over at re:The Auditors yesterday on the Big 4's advisory performance for 2013 and the resulting "conflict metrics." The whole post is worth a read but this chart sums things up well. […]
Public Companies Filing Restatements Totally Aware That Many People Blow Friday Off
Audit Analytics has a great post today about Friday filing dumps, something that Footnoted has been calling attention to for years. Any time a company has to disclose bad news, the theory goes, they will most likely file it late in the day on Friday to soften the effect of an auditor resignation/restatement/announcement of massive […]
Compensation and Bonus Watch ’12: Deloitte Audit
As you recall, last week we went over the Deloitte AERS Advisory group's compensation numbers. Today, we have more comp data to share, this time for the opiners. Unfortunately, we don't have the financial results slide but most of all the other details will be included in this post. Let's get right to it, shall […]
Comp and Bonus Watch ’12: Here’s What Deloitte AERS Advisory Will Be Serving Up
Last week, we threw out a thread to get Deloitte's compensation discussion going which really dived into nothing of particular importance other than the usual bickering. It's possible that the discussion jumped the gun a bit, but if nothing else it got people lathered up and anxious for more details. Thankfully, we now have more […]
And Now, Let’s Compare Three Different 15-year Compensation Scenarios
By now, you've probably had a chance to meticulously dissect the two posts that illustrated what your compensation at a public accounting firm will roughly be over a 15 year period. The revelation that you can make a pretty nice living over that time span did little to convince some people that this public accounting […]
Let’s Take a Second Look at a 15-year Trajectory of Big 4 Compensation
Earlier this week we shared some data that was gifted to us by an accountant who had nothing better to do during his AUD study break than create a spreadsheet charting your compensation for the first 15 years of your illustrious Big 4 career. Everyone seemed pretty grateful for it though, as it got people […]
What Can You Expect to Make at a Big 4 Firm Over a 15 Year Period?
It’s mid-January, which means that at some point in the next four to six weeks or so, you’ll say to yourself, “I don’t get paid enough to do this shit.” And you might be right! But the good news is starting salaries for accountants keep going up. If you’re simply annoyed with your current boss/lunch/life […]
Almost Everyone Thinks Mandatory Auditor Rotation is an Awful Idea
Back in August, the PCAOB issued a concept release on audit firm rotation and invited anyone who had the time and/or energy to comment on it (as did we). In the wonky little corners of the accounting blogosphere, there was strong opposition to rotation from Jim Peterson and Francine McKenna (although their reasons differ from your […]
