Local Accounting Firm Baffled That Desperate Laid Off People Don’t Want to Work There
When big layoffs began in tech last year, accountants everywhere justifiably celebrated for having chosen a career that may not be the most prestigious (or exciting or lucrative…) but will always be in demand. While their employees were quietly boasting about not losing their jobs, it seems EY leadership was waiting in the wings hoping […]
The Rona Postpones Big 4 CEOs’ Swiss Alps Vacation In 2021
Aw, no trip to Davos for BoMo, T-Ry, Carmen, Kelly, Punit, Joe U., and Paulie this January. Here are the first three graphs of the media release we received this morning from Adrian Monck, managing director of public engagement for the World Economic Forum: I would like to share with you the news that the […]
Big 4 CEOs Crash Davos’ Economic Party
The 2020 World Economic Forum annual meeting kicked off today in Davos, Switzerland, and all of our favorite Big 4 ringleaders from PwC, Deloitte, EY, and KPMG are there and accounted for: BoMo, T-Ry, Punit, Carmine, Kelly, and Lynne. We got the obligatory scenic Swiss Alps shots: Excited to be at #WEF20 again and already […]
Big 4 Firms Doing Their Part to Keep the World Economic Forum a Giant Sausage Fest
In case you weren't aware, the World Economic Forum is an annual ego-strokefest held in Davos, Switzerland. It brings together the leaders of business and a whole scrum of other people who are willing to plunk down a metric asston of money to hobnob with other people that are willing to plunk down a metric asston […]
KPMG CEO Will Take Some of Penn State’s Questions
KPMG CEO John Veihmeyer — Notre Dame alum, dedicated steward of an employer of choice — is on the guest list at the World Economic Forum in Davos, Switzerland this week. We don't have his itinerary in hand but it stands to reason that he'll have a hectic schedule of interviews, networking, and general CEO-y stuff on […]
This Boring Interview with Deloitte’s Barry Salzberg Includes an Odd Closeup of His Ginormous Hands
This is Barry's first Davos as the big cheese at Deloitte, so of course he's sitting down for an interview or two or twelve. This one (sans a snowy backdrop) is with Reuters and includes all the talkyiest talking points you could imagine but for whatever reason, it includes the oddest cut to his enormous […]
Jim Turley Doesn’t Seem to Be Tired of Answering Questions About Lehman Brothers
Jimbo does admit that “we are not pleased to be in the spotlight like this” but per ushe, he takes it in stride and says, “it is something that we will deal with.”
Turley Says Specifcs From Obama Need to Come `Quickly'
Uploaded by Bloomberg. – News videos hot off the press.
Deloitte Global CEO Jim Quigley Is Tweeting
There goes the Twittersphere.
Jim Quigley has broken the Big 4 CEO cherry on Twitter (to our knowledge) and he decided to do it in honor of the World Economic Forum (aka: The annual CEO ego strokefest) in Davos, Switzerland that gets underway in less than two weeks. Above is Quig’s one and only tweet so far and it’s very CEO-ish. We’re not expecting anything of the Kaplan variety but cripes man, add some color. May we recommend our series of “Doing it Wrong” Twitter posts from our resident expert?
Anyhoo, here’s the video from the tweet:
Thoughts on the performance are welcome. And JQ should know that we know Twitter can have a slight learning curve, so we’ll save you the trouble: you can follow Going Concern here. Oh, and Adrienne will be writing a review, so tweet to impress.
Dennis Nally: Satyam Scandal Has Damaged PwC Brand
While kicking it in Davos, Dennis Nally had to have known that eventually he was going to have to answer questions about his mother of all nightmares, Satyam. Having just passed the one year anniversary of the cat being let out of the bag about, you know, totally bogus numbers, everyone is talking about it. In India.
CNBC India caught up with Nalls and considering everything that’s going down, DN doesn’t seem worried. He’s leading P. Dubs full steam ahead into India; there’s no crying over failed audits, “Without question the firm has had real challenges in India but that has not changed my outlook and view on the importance of India economy to global economic picture.”
Stoic; as he should be. Not that the firm hasn’t had to do a little damage control. But no worries; Dennis is a man with a plan, “We just need to continue to deliver, service our clients, respond to their needs, help them deal with their issues and challenges. If we do that and we do that consistently over a period of time the PwC brand in India will be as strong and as good as it has been in the past and where we want it to be into the future.”
Plus, this is a blip, an outlier, a rare occurrence, “Any one-off instance can do harm to your brand and that is the reality. Our job is to make sure we are doing everything and we have done a number of things in India to ensure that this would not happen again,” so there’s no cause for concern.
This isn’t Tiger Woods brand damage we’re talking about. It will all be a distant memory before you know it.
Satyam scam has hurt PwC brand: Global Chairman [Money Control]
Big 4 at Davos: Jim Quigley is Long Dubai
He’s not really sure how much is debt (Jim, it’s a metric asston) is being restructured but Quigs believes that Dubai will come out of it a-okay.
Black holes aside, Quigs also wants to see global accounting standards which puts him firmly in the camp with the other half of Jim-squared and Knight of Accounting David Tweedie.
We’re not sure when this interview was done but could someone get JQ a cup of coffee or something? The guy seems a little stiff. Plus, no red light/green light of trust from Fox Business? They have got to start getting more creative over there.