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September 21, 2023

commence to bitching

EY Interns Are Going to Have the Worst Summer

It’s gonna be a lame summer for EY interns as the firm has trimmed internships down to six weeks and is withholding both Disney AND intern gifts. When it happened in winter, interns were apparently told it was “because of budgeting due to the potential split.” Now that the Project Everest split is a no-go […]

EY building cut in half

The EY Split is Falling TF Apart

Ever since “Project Everest” was announced last year there have been delays, complaints, and constant reassurance from leadership that things are going forward as planned, depending on market conditions. Only a week ago Global Managing Partner Andy Baldwin told Bloomberg Radio that a few details needed to be hammered out — specifically how legal liability […]

chess pieces

Getting Tough on Mid-Tier Firms Will Only Cement the Big 4 Oligopoly, Says Audit Partner Whose Firm Needs to Git Gud

Much like here in the U.S. with the PCAOB, the Financial Reporting Council across the pond has been busy at work inspecting audit firms with a fine-toothed comb and handing out fines like beads at Mardi Gras (Financial Times calls it “swift with the stick”). At first these efforts were largely focused on Big 4 […]

The AICPA Is Taking Your Comments on the CPA Exam Now

Before those of you who spend your lives tweeting obscenties at NASBA for holding your score hostage get all excited, let's be sure we understand who we mean when we say "your" comments: The American Institute of CPAs has issued an Invitation to Comment, requesting feedback from key stakeholders to shape the next version of […]