The Fortune 100 Best Companies to Work For: Crowe #67 (2022)
We’ve finally reached the end of our coverage of the 2022 Fortune BCTWF with Crowe at No. 67. After making the BCTWF for the very first time in 2018 and staying on the list for 2019 and 2020, Crowe fell out of the top 100 in 2021. We speculated at the time it might have […]
How Did Crowe, Moss Adams, and Marcum Do In Their Respective 2020 PCAOB Inspection Reports?
If these inspection reports were like tests taken in a classroom, Crowe and Moss Adams would have received passing grades, while Marcum would have failed big time. Let’s take a look: Crowe The latest audit inspection results for Crowe show the 11th-ranked public accounting firm by revenue bombed 27% of the audits reviewed in the […]
Compensation Watch ’21: Crowe Is Full of Christmas Cheer
Three years ago this week, Crowe made the news for being fined $1.5 million by the SEC for its audits of Corporate Resource Services Inc., which can best be described in three words that are as follows, and I quote: “Stink, stank, stunk.” But this week, nothing but good news coming out of the Crowe […]
Promotion Watch ’21: Crowe Adds 45 New Partners and Principals
Crowe recently announced a slimmed-down class of 45 new partners and principals who will get their special light-up pens on April 1, 2022—compared to the 102 partners and principals who were promoted on April 1 of this year. Here are the 34 men and 11 women who will be constantly pestered by Crowe CEO Mark […]
Here Are Two Contenders For the Biggest Turd of a 2019 PCAOB Inspection Report
Significantly screwing up half of your audits inspected by the PCAOB won’t get your firm included in the pantheon of worst PCAOB inspection reports of all time. RSM US beat that handily in 2017. BDO USA has had audit failure rates of 74% (2014), 67% (2016), and 65% (2013). Grant Thornton did a horrible job […]
Promotion Watch ’20: Crowe Names 104 New Partners and Principals
Whoa, wasn’t expecting this large a class of new Crowe partners and principals who finally get to sit at the adults’ table beginning on April 1, 2021. But I guess the firm is trying to impress the folks at Fortune by making a slew of promotions so it can stay in the 100 Best Companies to […]
Comp Watch ’20: Here’s What We’re Hearing About Raises at Crowe
From the mailbag: Crowe raises are occurring and effective 10/1. Wide range as low as 2% to as high as 15%. Promotion raises lower than typical 12%. No back pay or bonuses for missed time since April cuts. No 401k match. So when we reported back in April about the hundreds of job cuts at […]
Layoff Watch ’20: How Bad Were the Job Cuts at Crowe and Baker Tilly?
[Updated with additional information.] In the past 48 hours, we’ve learned that hundreds of people were laid off at Crowe this week and many others were let go at Baker Tilly. Here’s what we’ve been able to piece together about the layoffs at both firms based on tips that have come in to GC: Crowe […]
The Fortune 100 Best Companies to Work For: Crowe #81 (2020)
Wrapping up our overview of the 2020 Fortune 100 Best Companies to Work For list is Crowe. While Plante Moran and the Big 4 have been on the list for 15-plus or 20-plus consecutive years, Crowe is a relative newbie, as this is the third straight year it has made the F100BCTWF. For the third […]
Crowe Reports Not-So-Massive Global Revenue In 2019
What a difference a year makes. In 2018, Crowe Global hit and surpassed the $4 billion mark ($4.3 billion, to be exact) for the first time, thanks to massive revenue growth of 14% over the prior year. And backs were being patted in all of Crowe’s offices around the world: “The headline figures – in […]
Listicle of the Day: Glassdoor’s 100 Best Places to Work In 2020
So far today, I’ve received at least three emails letting me know that Glassdoor just came out with its ranking of the 100 Best Places to Work in 2020. And for most of the day, I ignored them. But curiosity got the best of me, and I took a look at the list to see […]
Promotion Watch ’19: Crowe Adds 34 New Partners and Principals
It’s time to take the noise makers out of your desk drawers and blow on them furiously because there will be 34 brand-new partners and principals at Crowe once the clock strikes midnight on April 1, 2020. The class of 2020 is fairly large by Crowe standards. It surpasses this year’s class of 24, the […]
Crowe Accountant Jacob Sandy Died of Apparent Drowning During Kayaking Trip
Sad news to report out of Indiana, as the body of 23-year-old accountant Jacob Sandy, who was last seen kayaking on May 18, was found along the Lake Michigan shoreline on May 29. The official cause of death is pending but is believed to be accidental drowning, the Indiana Department of Natural Resources said in […]
SEC Got All Grinchy on Crowe, Four Partners for Bad Banana of an Audit
We interrupt your Christmas Eve merriment to bring you this press release from the Securities and Exchange Commission, which on Dec. 21 announced not-so-glad tidings about Crowe LLP’s audit team: The Securities and Exchange Commission today filed settled charges against national audit firm Crowe LLP, two of its partners, and two partners of a now-defunct audit […]
Crowe Admits 24 New Partners and Principals
No, the amount of new partners and principals elected by Crowe LLP wasn’t 26—the number worn by former Nashville Predators rugged left winger Phil Crowe. But the firm will be giving 24 professionals a seat at the big kids’ table come April 1, 2019. The 2019 new partner and principal class at the top 10 […]