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June 2, 2023

When accounting goes unaccounted for

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Bonus Season Is Not Looking Good at the King’s KPMG Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033 Kill the Audit Industry, Says Ex-Auditor KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse Promotion Watch ’23: The Baker Tilly Partner Bench Is Now 44 People Deeper

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EY

The EY Split is Falling TF Apart

by Adrienne Gonzalez

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 […]

Tax

GOP Congressional Members Aren’t Going to Give Up on Their Favorite Pastime to Focus on Tax Reform

by Caleb Newquist

Congressman Dave Camp's (R-MI) vision for tax reform is lower rates with fewer credits and deductions. Seems simple enough. If he manages to succeed in getting a bill out of the Ways and Means Committee however, he'll have to get past two major obstacles:   1) Congressional Members who like the idea of tax reform, […]