Promotion Watch ’23: Marcum’s 31 New Partners Would Be a Record Were It Not For Last Year’s Freidmans
*There are no stock photos of the Marcum bus, enjoy this terrible facsimile instead. Marcum announced on Tuesday that 31 men and women are ascending to exalted partner status at the firm, 39% of whom are women. This latest partner class would have beat 2021’s record of 29 freshly minted Marcum partners had the Friedman […]
Promotion Watch ’23: Grant Thornton Elevates 75 New PPMDs
Last Thursday, Grant Thornton announced the blessed naming of 75 new partners, principals and managing directors, 21 fewer PPMDs than 2022’s record class of 96. Although overall PPMD promotions are down, partner and principal promotions are up at 43 this year versus 38 in 2022. Let’s take a look at historical partner and principal promotions […]
EY UK Appoints 267 New Partners
Unbothered with American federal holidays, EY UK announced on Tuesday (July 4) that the firm has appointed 267 new partners, marking a 10 percent increase and bringing the total EY partner population in the UK to 1683 from 1553 the year prior. These figures include those moving from non-equity partner to equity partner. More than […]
Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033
Undeterred by the embarrassment of Everest’s implosion, EY proudly announced today that 966 people have been promoted to partner across the globe. That’s down from the record 1,033 promoted to partner in 2022. The obligatory press release makes sure to mention that these promotions reflect continued growth and strong business performance by the organization. In […]
Promotion Watch ’23: The Baker Tilly Partner Bench Is Now 44 People Deeper
Tomorrow, 44 people will ascend to partner status at Baker Tilly, a slight decrease from last year’s record partner class of 46. There is, naturally, a press release and a quote from Jeff Ferro who stepped into the chairman shoes in March when Alan Whitman abruptly left his post. “Our incoming partners inspire our team […]
Maybe 2023 Will Be the Year You Get That Big Promotion
If 2023 is anything like 2022, the odds are stacked in your favor if you work in public accounting, according to a recent LinkedIn analysis. Professional services was among the five industries that doled out the most promotions this year: And at the top seven largest public accounting firms in the U.S., that big promotion […]
[UPDATED] Singer Pitbull Set to Perform His Worst Collaboration to Date
¡Dale! Remember Pitbull? I swear I had Culo on repeat for all of 2004 and some of 2009 when I suddenly got nostalgic for the raspy exclamation of “YEAH!” over and over. Well TB4A posted this last week on Insta… When he sent me this screenshot via Slack my esteemed colleague Jason Bramwell said: “Dude […]
Promotion Watch ’21: BDO USA Admits 69 Lucky Boys and Girls to Partnership
The number of new partners in the fiscal year 2022 class at BDO USA would make Bill and Ted snicker. For some reason, we didn’t post anything last year about the FY 2021 new partners at BDO. I blame the pandemic, which is what I blame most things on these days. But this latest class […]
Promotion Watch ’21: KPMG US Admits 170 New Partners
The partnership at KPMG grew by 170 people earlier this month, as 120 men and 50 women were outfitted with new golf attire before being handed keys to the club by Chair and CEO Paul Knopp and Deputy Chair and COO Laura Newinski. This latest class of new partners (for FY 2022) is larger than […]
Promotion Watch ’21: Moss Adams Admits 18 New Partners
Twelve men and four women were promoted from little Mosses to big Mosses in the latest new partner class at Moss Adams. And the firm recently poached two other of its newest partners from Big 4 firms. Here are the 18 newest partners at Moss Adams: *Kristina Allan, Irvine, CA Jeff Gay, Everett, WA Raj […]
Promotion Watch ’21: Deloitte Admits 169 New Partners and Principals In the US
The smell of new partners and principals still permeates the air at the biggest of the Big 4, as Joe Ucuzoglu recently gave his blessing to the newest class of rainmakers at Deloitte. This latest class (technically the class of FY 2022) is 35% larger than last year’s class at Deloitte and 13% larger than […]
There Will Be a New Boss at Moss Adams Next Year
A day after Grant Thornton announced its next occupant of the corner office, Moss Adams sent out a release on Sept. 16 saying who its next corner office dweller will be. The new boss of Moss starting next April is Eric Miles, a partner who currently leads the firm’s consulting practice and has spent his […]
Compensation Watch ’21: Deloitte Staff Gets Some Encouraging News About Raises and Promotions (NEW UPDATE)
(Updated post from July 14 with a comparison of average raise percentages per promotion from 2020 and 2016.) In July we took a look at how raises this year at PwC compared to 2019 and 2017 because they were hyped up so much by PwCers on the usual chatter sites, and for the most part, […]
We Need to Talk About Why This CPA Is Wielding a Golf Driver In His Promotion Press Release
Saw this press release on PRWeb today: I don’t know, guys, but Erik looks poised to bash fraud to death. Or beat bad clients who ignore invoices. Or destroy an office printer to smithereens out in a field à la Office Space. Or maybe he just likes to golf. Accountants like to golf. But it […]
Number of the Day: 59%
While not public accounting specific, that is the percentage of top performers who had their promotions postponed within the past year due to the Rona pandemic, according to the results of a recent Robert Half survey. So as a result of not being able to drink that sweet promotion juice, 38% of professionals surveyed said […]
Another Big 4 Firm Sticks It to Women
[Updated on March 25 with information on the leading CEO candidate at Deloitte Australia.] You can cross EY Oceania off the list of potential landing spots for a woman CEO of a Big 4 firm, as David Larocca, currently the managing partner of EY Oceania’s Strategy and Transactions business, will take the reins from CEO […]
Big 4 Firms’ Reward Structure Contributes to Their Bullying Ways, Says Guy
“This is a constant Darwinian contest of survival of the fittest. We need a much better Big 4. Let’s hope the generation coming through will finish off this archaic system of tutelage and abuse based on the dream of the million pound pay day.” — Ken Charman, CEO of uFlexReward, a London-based data company that […]
Promotion Watch ’21: Carr, Riggs & Ingram Adds 31 New Partners
From 2015 to 2020, the average size of new partner classes at Carr, Riggs & Ingram was 17. So I did a double-take when I saw the recent press release from CRI in my spam folder (my work email always thinks CRI press releases are spam for some reason) that the firm just added a […]
Promotion Watch ’21: BDO Admits 20 New Partners In the U.K.
These 17 men and three women got golden tickets from BDO U.K. Managing Partner Paul Eagland on Jan. 1: Spencer Ashworth, Audit Vinesh Bharadwa, Tax Jamie Carter, Business Outsourcing Lee Coccaro, Tax Ben Courts, Audit Paul Dawson, Business Outsourcing Rob di Santo, Audit Graham Ellis, Audit Martin Haines, Tax Tom Laird, Audit Conor Lambert, Transaction […]
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 […]
Promotion Watch ’20: Citrin Cooperman Adds 16 New Partners and Principals
All that sleep deprivation and those 15 extra pounds were worth it for the 14 new partners, two new principals, and 18 new directors at Citrin Cooperman. These 12 men and four women comprise the 2020 new partner and principal class at CC: Jeffery Alvanas, Partner, Boston-Metro Matthew Bart, Partner, DC-Metro Douglas Cammarano, Partner, New […]
Promotion Watch ’20: Andersen Adds 14 New Managing Directors
This year’s class of new managing directors at Andersen is slightly bigger than the baker’s dozen added in 2019. So congrats to the eight women and six men (two of whom are Arthur Andersen alums) who are the newest apples of Mark Vorsatz’s eye: Chelsea Baron, Private Client Services practice, Metro New York Laura Berard, […]
Promotion Watch ’20: Deloitte Adds 195 New Managing Directors
Let’s pass out the cupcakes and green Kool-Aid, and celebrate Deloitte’s new class of managing directors for FY 2021: Bhawna Agarwal, Tax, Deloitte Tax LLP, Jersey City Jon Allred, Audit & Assurance, Deloitte & Touche LLP, Salt Lake City Aaron B. Bairani, Tax, Deloitte Tax LLP, Chicago Melissa Balmer, General Counsel, Deloitte LLP, Stamford Megan […]
Promotion Watch ’20: KPMG Admits 119 New Partners in the U.S.
It was new partner promotion announcement day at KPMG yesterday, and there are 119 individuals in the class of FY 2021 who will do Paul Knopp’s bidding. Speaking of Knopp, the firm’s chairman and CEO exalted the newest members of the club on LinkedIn Tuesday: Each of these talented professionals has demonstrated exceptional professional excellence […]
Promotion Watch ’20: KPMG Admits 69 New Partners in Canada
We got a tip the other day that KPMG of the Canadian variety finally released its roster of new partners, and there are 69 lucky boys and girls who now get to take a seat at the grown-ups’ table. Here’s a look at the class of 2020 by the numbers: 30: The number of new […]
Promotion Watch ’20: Deloitte Adds 125 New Partners and Principals In the U.S.
The names of the newest Deloitte partners and principals for FY 2021 has finally made its way online, but before we recognize this band of overachieving Green Dotters, let’s take a look at the latest class by the numbers: 59: The number of new partners and principals in consulting, the most of any service line, […]
Promotion Watch ’20: Dixon Hughes Goodman Anointed 8 New Partners and Principals
TPTB at DHG announced last week the top 20 firm’s newest class of six partners and two principals. The class of 2020 is a bit larger than the seven who earned their stripes last year but smaller than the 13 new partners and principals in 2018, 11 in 2017, nine in 2016, 16 in 2015, and 12 in […]
Promotion Watch ’20: EY Canada Adds 20 New Partners and Principals
Because we recognized the newest partner classes at PwC Canada (under somewhat shady circumstances) in July and Deloitte Canada yesterday, we thought we’d do the same for the brand-new rainmakers at EY Canada. EY’s new partner/principal class is the smallest of the three firms, coming in at 20. Here are a couple other stats of […]
Promotion Watch ’20: Deloitte Canada Admits 125 New Partners
We hope you guys aren’t tethered to your desks today and are enjoying your Labor Day. Today is also Labor Labour Day in Canada, and we hope our friends to the north are also enjoying a relaxing day away from the grind. We’re pretty certain the newest partners at Deloitte Canada aren’t cracking open their […]
Promotion Watch ’20: EY Adds 133 New Partners and Principals In the U.S.
Thanks to one of our friends at EY, we got our hands on a spreadsheet that lists the names and locations of the 600 newest partners and principals at the House of Di Sibio. Of those 600, 133 are based in the good ol’ US of A. Here’s a look at the class of 2020 […]
Promotion Watch ’20: Marcum Admits 20 to Partnership
Marcum Chairman and CEO (and Going Concern’s biggest fan, so we’re told) Jeffrey Weiner deified 20 new partners on Sept. 1. The class of 2020 is larger than last year’s class by four partners, so some obnoxious little virus wasn’t going to stop Weiner & Co. from handing out more golden tickets this year. Here […]
Promotion Watch ’20: Plante Moran Admits 25 New Partners
A batch of 25 new Plante Moran partners has been released into the wild, and I’ll go out on a limb and say it’s thee biggest class of new partners in the firm’s history. It’s definitely the largest class since 2015: 2020: 25 2019: 16 2018: 15 2017: 21 2016: 13 2015: 16 Here are […]
Seven People at Grant Thornton Just Got Cushy New Industry Jobs
Well kinda. These seven veterans of the public accounting wars didn’t leave Grant Thornton for the greener pastures of industry as, say, a chief accounting officer, controller, or vice president of finance and accounting. Instead, they are the Purple Rose of Chicago’s newest leaders within the firm’s Industry practice. Here are the latest additions to […]
Promotion Watch ’20: Grant Thornton Admits 30 New Partners and Principals
Grant Thornton unveiled its 66 newest partners, principals, and managing directors on Thursday, and if we just take a look at the latest class of partners and principals, the number of purple roses that were handed out was a lot less than in previous years. Thanks, Rona. The group of 30 new partners and principals […]
Comp Watch ’20: Here’s What We Know About Raises This Year at KPMG (UPDATE)
[Updated on July 31 with additional information.] And we don’t know much at this point. We’ve seen and been told different things about what was said during a webcast on Thursday morning regarding raises at KPMG. But the one thing we do know is that KPMG is following in line with what the other Big […]
Comp Watch ’20: EYers Who Are Not Getting a Promotion Probably Are Not Happy Right Now
This delicious-looking sundae is the promotion bonus at EY in 2020. An EY all-hands webcast was held earlier this afternoon, and a lot of topics were apparently discussed, including raises … or a lack thereof, according to a source: No raises this year. Only those getting promoted will get the promotion portion of the raises. […]
Promotion Watch ’20: PwC Canada Welcomed 22 to Partnership Right Before Gutting 5% of Its Workforce
Among the slew of messages we got yesterday regarding the layoffs this week at PwC Canada was this one from a PwCer who was among the hundreds of employees told they were no longer welcome at the House of Marcoux: PwC Canada, just a week ago, was “proud” to announce their new 2020 partners, while […]
Newly Promoted RSM US Employee Ponders Life and COVID-19’s Impact on Future Earnings
RSM US isn’t making it rain much these days for those receiving a promotion. Compensation discussions are underway at RSM US, and if you remember, only those getting a promotion at the House of Adams are receiving raises—which were capped at 5% this year as the firm muddles its way through the COVID-19 crisis. Looking […]
Promotion Watch ’20: Let’s Give a Thumbs Up to KPMG’s New Tax and Audit Bosses
Lynne Doughtie’s five-year reign as chairman and CEO of KPMG US came to an end on June 30, and her successor, Paul Knopp, wasted no time today appointing some KPMGers to extra special positions within the firm. KPMG today announced the leaders of the U.S. firm’s Audit, Tax and Advisory businesses, as well as the […]
Comp Watch ’20: BDO USA Is Restoring Everyone’s Pay—But Promotions and Raises Will Have to Wait
Hope everyone had a good weekend celebrating the ol’ red, white, and blue. Speaking of red, white, and blue, the firm that sports these colors, BDO USA, is ending pay cuts effective Aug. 1, according to sources. You gotta hand it to BDO thus far. The firm cut employee pay 5% to 10% in early […]
Promotion Watch ’20: Withum Adds Six to Partnership
Because we’ve been talking a lot about promotions today, we wanted to give a shout-out to the five men and one woman who got their keys to the Withum partners’ lounge on July 1: The new partners are (from left to right): Scott Bartolf, Theater, Entertainment and the Arts, New York James Berg, Manufacturing, Distribution […]
Promotion Watch ’20: PwC Admits 232 New Partners and Principals
Today is Promotion Day at PwC, a day to celebrate all those PwCers who earned their new stripes and stepped up in rank, including the firm’s newest class of 128 partners and 104 principals. This year’s class of 232 partners and principals isn’t as robust as the previous two years, but it’s the third largest […]
Promotion Watch ’20: Wipfli Adds Nine to the Partnership, Three New Principals
April was a rough month for the public accounting profession as a whole in the U.S. Because of the economic uncertainty caused by the Rona, a whole slew of PA firms pushed the go button on austerity measures, such as layoffs, furloughs, and pay cuts. And Milwaukee-based Wipfli was no exception. But we won’t get […]
Bonus Watch ’20: PwC Is Kinda, Sorta Going Forth with Bonuses, Raises (UPDATE)
[Updated on June 12 with additional information.] So we were told today by a couple of people that PwC had a webcast for new hires on Thursday, led by Chairman Tim Ryan, U.S. Recruitment Leader Rod Adams, and a couple of other people. Once the spiel about what PwC is doing to address the COVID-19 […]
Promotion Watch ’20: Baker Tilly Admits 23 New Partners
Baker Tilly CEO Alan Whitman let 19 men and four women join the club on June 1: Mark Boettcher, Consulting, Milwaukee Jeff Dorner, Assurance, Chicago Matt Eckerle, Consulting, Indianapolis Daniel Ehr, Tax, Appleton, WI Shane Elrod, Tax, Plano, TX Russell Fleming, Assurance, Minneapolis Wesley Fraser, Tax, Wilmington, DE Matt Gilbert, Consulting, Washington, DC Nicholas Hinz, […]
Promotion Watch ’20: BKD Admits 21 to Partnership
After years of long hours, sleepless nights, and raging anxiety, these 14 men and seven women have finally reached the end of the partner track at BKD. And CEO Ted Dickman was bursting with pride or something: “I have no doubt that these remarkable trusted advisors will continue leveraging the firm’s momentum to help drive […]
Promotion Watch ’20: A Dozen Grant Thornton Partners Have New Titles to Show Off On LinkedIn
These are your new Grant Thornton office managing partners: Brett Beightol, Orange County, CA, succeeds Alan Herrmann on Aug. 1. Hermann was promoted to lead Grant Thornton’s West region tax practice in 2019. Mike Desmond, Charlotte, NC, succeeds Dave Wedding who is retiring on July 31. David Gifford, Phoenix, succeeds Tim Zingraf on Aug. 1. […]
Promotion Watch ’20: Eide Bailly Adds 26 New Partners
That new partner smell is permeating the air in 17 Eide Bailly offices throughout the U.S., as 16 men and 10 women finally got seats at the big kids’ table on May 1. Cameron Zent, Aberdeen, SD Dennen Gamradt, Billings, MT Edie Hanson, Billings, MT Laura Hartwig, Boise, ID Amy Lai, Denver Dave Studebaker, Denver […]
Let’s See How the Big 4 Firms In India Are Faring During the COVID-19 Pandemic
[Updated with additional information.] This GIF from Mad Men pretty much says it all, but things could be worse. To our knowledge, there haven’t been any pandemic-related layoffs … yet … at any of the Big 4 firms in India. I kinda buried this in the article we posted last week on accountants’ layoff predictions […]
KPMG Selects Paul Knopp to Succeed Lynne Doughtie as U.S. Chairman and CEO
KPMG announced this afternoon that Paul Knopp will become the new U.S. chairman and CEO and Laura Newinski the new deputy chair of the firm on July 1. Both will serve five-year terms. KPMG partners gave their blessing to the promotions in a vote completed yesterday. Knopp and Newinski seem pretty happy with the outcome […]
EY U.K. Has a ‘Waffles or Pancakes’ Decision to Make Soon
Unlike their American counterparts, none of the Queen’s Big 4 firms have ever had a woman in charge. It’s not going to happen anytime soon at PwC, as partners just re-elected Kevin Ellis for a second four-year term as chairman and senior partner. Richard Houston took over as Deloitte North West Europe and U.K. senior partner […]
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 […]
Promotion Watch ’19: Andersen Adds 13 New Managing Directors
While we don’t typically include the “MDs” portion of PPMDs in Promotion Watch, Andersen doesn’t do that partner or principal thing, so MDs it is. The 2019 class of 13 managing directors at the firm formerly known as Wealth & Tax Advisory Services and then Andersen Tax is larger than last year’s class, when 10 […]
Promotion Watch ’19: KPMG Admits 138 New U.S. Partners
We’re about T-minus 30 days until KPMG releases its global revenue for fiscal year 2019. In the meantime, we got word on who the newest rainmakers in the Americas region will be for FY 2020. KPMG gave 266 lucky boys and girls in the Americas keys to the partnership. Of those 266, 138 are from […]
Promotion Watch ’19: Moss Adams Admits 28 New Partners
More than two dozen of Moss Adams’s finest got a Golden Ticket from the accounting firm’s very own Willy Wonka, Chairman and CEO Chris Schmidt, on Oct. 1. While we’re not sure if the new partner class of 2019 is the largest in the firm’s 106-year history, it is the biggest since 2014: 2018: 21 […]
Promotion Watch ’19: RSM Adds 80 New Partners and Principals
Whoa, the newest crop of partners and principals might be the largest ever at R to the S to the M. The good news was shared via Twitter on Oct. 1. AND THERE ARE FUN FACTS! Let's give it up for our 80 newest partners and principals! 🎊🎉 https://t.co/CEF9Uo7kDy pic.twitter.com/vKD78mYRyN — RSM US LLP (@RSMUSLLP) […]
Promotion Watch ’19: BDO Admits 48 New Partners
Wayne Berson is letting 48 lucky guys and gals join the club, in what is one of the largest new partner classes in BDO USA’s history. Says Wayne-o: “We are proud to welcome the largest class of partners at BDO in more than 20 years,” said Wayne Berson, CEO of BDO USA. “Each of our […]
Promotion Watch ’19: Let’s Congratulate Deloitte’s 386 New PPMDs for FY 2020
It’s been quite a while since we’ve done a post on new partner promotions at Deloitte, so we wanted to give some kudos to not only the 65 new partners in the class of 2020, but also the 236 managing directors and 85 principals who were recognized by Ucuzoglu & Co. for a job well […]
Promotion Watch ’19: Marcum Adds 16 New Partners
While Major League Baseball teams expanded their rosters on Sept. 1, Marcum expanded its partner roster on Sunday, calling up 16 men and women to the big leagues. This year’s new partner class is by far the firm’s largest since 2010. The only one that comes close is 2017’s 13 promotions. Let’s take a look […]
Promotion Watch ’19: Grant Thornton Admits 42 New Partners and Principals
The last month hasn’t been the greatest for Grant Thornton, as the firm gave pink slips to 230 professionals and 40 PPMDs, approximately 3.5% of its workforce, at the end of July. So GT’s leadership probably wanted to wait until the dust settled before they announced that interim CEO Brad Preber had recently handed out […]
Promotion Watch ’19: Citrin Cooperman Adds 18 New Partners and Principals
On July 1, 16 new partners got their seats at the big kids table at Citrin Cooperman, while two others got their “I’m a New Principal” t-shirts. “I am pleased to announce this year’s promotions and extend a big congratulations to all of those promoted on their accomplishments,” said Citrin Cooperman CEO Joel Cooperman. “Each […]
Promotion Watch ’19: EY Admits 733 New Partners Worldwide
Because July 1 kicks off a new fiscal year at EY, we figured a new partners announcement would be forthcoming. And it came today, via the new leader of the Black and Yellow, Carmine Di Sibio: Our Global Chairman and CEO, Carmine Di Sibio congratulates our new partners around the world. Their contributions have helped […]
Promotion Watch ’19: DHG Admits 7 New Partners, New MP and 11 Partners at Wipfli, BDO U.K. Adds 14 New Partners
New partners were deified recently at DHG, Wipfli, and BDO U.K., plus new leaders were named at Wipfli and PwC in South Africa. Dixon Hughes Goodman admits seven new partners and principals Seven lucky boys and girls got their seat at the big kids table on June 1, but the class of 2019 is smaller […]
Promotion Watch ’19: Baker Tilly Admits 20 New Partners, 11 of Whom Are Women
The smell of fresh partners has been permeating through the air this week. First, PwC unleashed its 2019 class of 249 new partners and principals on the 50 states and Mexico on May 31. Then earlier today, I saw this: Baker Tilly admits 20 new partners specializing in a variety of industries and services across […]
Promotion Watch ’19: PwC Admits 249 New Partners and Principals
The most prestigiest firm in all the land unveiled its 2019 class of new partners and principals on May 31, and it’s another big one: I am thrilled to welcome 249 new partners to our @PwCUS family! These leaders have led by example and I'm excited to see what the future holds for them and […]
Promotion Watch ’19: Eide Bailly Admits 20 New Partners and Principals
We recently saw on Accounting Today got a press release from the folks at Eide Bailly that on May 1, 20 EBers were anointed new partners and principals. For those keeping score at home, there are 16 newly minted partners and four new principals in the class of 2019. “This incoming group of partners and […]
Promotion Watch ’19: BKD Adds 23 New Partners and Managing Directors
With graduation season approaching, BKD CPAs & Advisors held its own graduation of sorts recently, as 23 of its finest capital market servants made partner or managing director. The class of 2019 is equal in size with the class of 2018; however, there are 12 new partners this year versus 16 last year, while there […]
Vault 2020 Firm Rankings: Benefits, Comp, Vacation, and Promotion Policies
Earlier this week, we wrote about PwC’s continued dominance on Vault’s Accounting 50 and most prestigious firm rankings. Today, we’re going to focus on four of the 18 “quality of life” rankings that fall under Vault’s latest “Best Accounting Firms to Work For” section. And these four categories are near and dear to your heart: […]
EY Names Carmine Di Sibio’s Replacement as Global Managing Partner for Client Service
Andy Baldwin, your table is ready. EY today announces that Andy Baldwin has been appointed the next EY Global Managing Partner – Client Service, effective from 1 July 2019. In this role, Baldwin will be responsible for leading the go-to-market and client activities. He will also have overall leadership for the three EY geographic areas […]
PwC Really Wants You to Be a CPA Before Senior But Will No Longer Hassle You About It
Fresh from /r/accounting comes news that PwC Assurance is no longer requiring licensure before promotion to senior which naturally led me to ask my cat who happened to be sitting next to me on the couch “wait, since when do you need a CPA to get promoted to senior to begin with?” I mean manager, […]
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 […]
Plante Moran Adds 15 New Partners
Promotion Watch has landed in the Detroit ’burbs, where 15 men and women at top 15 firm Plante Moran have received their partner badges. Plante Moran’s partnership classes have gone up and down in numbers in recent years, kind of like Going Concern’s page views: 2018: 15 2017: 21 2016: 13 2015: 16 Much like […]
Moss Adams Admits 21 New Partners
When it comes to new partner promotions, Going Concern has never given much love to Moss Adams. But that ends today! Earlier this month, the top 15 firm, based in Seattle, gave 21 men and women keys to the partnership. This year’s class is rather large by Moss Adams standards: 2018: 21 2017: 14 2016: […]
RSM US Adds 68 New Partners and Principals
Oct. 1 was a big day for the denizens of RSM US, as 68 new partners and principals were released into the wild. RSM is pleased to announce our 68 newest partners and principals! https://t.co/seOK5zui4F pic.twitter.com/YqsSwVGjiA — RSM US LLP (@RSMUSLLP) October 1, 2018 This year’s class of new partners and principals at the firm […]
Grant Thornton Admits 32 New Partners and Principals
This just in from the Purple Rose of Chicago: Grant Thornton LLP has admitted 32 new partners and principals, and promoted 29 to managing director, effective today. Specifically, 20 new partners and 12 new principals are members of the class of 2018. Here’s how this year’s numbers compare to previous years’ new partner/principal promotions at […]
EY Promotes 747 New Partners Worldwide
We here at Going Concern have been anxiously awaiting the new EY partners announcement, and it finally came today. The 747 new partners worldwide in the class of 2018 is the most in three years. So, I suppose fireworks were in order: Today we're proud to celebrate our 747 diverse new partners around the world […]
Baker Tilly Admits 11 New Partners
Apologies for this slipping through the cracks, but earlier this month, Baker Tilly Virchow Krause announced it was bringing 11 new partners onboard. The new partners—four ladies and seven gentlemen—officially got their stripes on June 1. Since 2013, Baker Tilly has admitted an average of about 11 partners a year, so this year’s class is […]
PwC Admits 233 New Partners and Principals in the U.S.
A tipster (Caleb) let me know that PwC released its list of new 2018 partners and principals across the United States and Mexico on June 1. This year’s crop totals 233, which surpasses the 212 who joined the ranks of partner or principal in 2017. In comparison, there were 226 in the 2016 class, 201 […]
BDO USA Admits 37 New Partners
Caleb sure picked a bad time to start a new job. New partner announcement season was one of his most favorite times of the year. I’m sure he’s celebrating the start of this season from afar. Today, BDO USA announced that 37 new partners will be admitted to the partnership, effective July 1. The 2018 […]
Suspect Someone of Fraud? Give Them a Promotion
The trick to fraud is maintaining control. If you’re siphoning company funds into a bank account that you own through a dummy vendor, it’s key that you’re the person who approves those transactions and it’s even ideal if you can literally or figuratively cut the check. Yes, those are atrocious internal controls, but as we’ve documented […]
Is Your Firm Holding You Back?
Tired of watching less talented workers get promoted over you? Do you feel your head is smashing against the glass ceiling again and again, your brain swelling with an NFL-sized concussion? If so, it might be time to ask yourself: What if it’s not me? What if it’s my firm? At bigger corporations, it’s easy […]
Think You Need to Stay in Big 4 Until Manager? Think Again
One of the most common pieces of advice given to young Big 4 professional is to “Stick around until manager.” The thinking goes, you will experience a number different of clients and situations, as well as give you the coveted title that many employers want to see. Firms suggest staying until manager because there’s always […]
Grant Thornton Admits 39 New Partners and Principals
Who are the new Grant Thornton partners? Glad you asked. The firm announced them earlier today along with new principals and managing directors, as is customary for the Purple Rose of Chicago. If you like to parse these things out, then it breaks down as: 27 partners, 12 principals and 28 managing directors. In the […]
EY Promotes 669 New Partners Worldwide; Numbers Down for Second Year in a Row
Yeah, it’s the old logo, but I’m sure the firm prefers it to shirtless dudes. Sorry, it seems I’m a bit slow to the new EY partner news. Here’s Mark Weinberger on Sunday: We are committed to developing and strengthening our pipeline of diverse leadership. #BetterWorkingWorld pic.twitter.com/rwui5G0Nvc — Mark Weinberger (@Mark_Weinberger) July 10, 2017 There’s […]
BDO Admits 36 New Partners
Congratulations to the 36 very good boys and girls who can count themselves among the flock of BDO’s chosen ones. Okay, maybe that’s a touch extravagant for a BDO partner, but that does not diminish the achievement. This year’s class is a smidgen smaller compared to last year’s 39, but it’s still a large class […]
Promotion Games: When Your Responsibilities Don’t Match Your Title
It’s performance review season, and promotion announcements are starting to trickle in. PwC just announced their new partners last week. As exciting as this time of year is, it’s anti-climatic since promotions in public accounting are very prescribed and follow a consistent timeline: 1. You must work at the firm X number of years (typically […]
PwC Admits 212 New Partners and Principals in U.S.
I think this year’s new PwC partners should feel extra special on their day of recognition because it also happens to be National Doughnut Day. Even if you NEVER eat doughnuts, I think you can forgo discipline for the day the world learns that you’ve become a partner at PwC. This marks the second year […]
Big 4 Myth Busting: Staying Until Manager
It’s 2017 and the rules have changed. Taco shells are made out of fried chicken skin, the Syracuse mascot can get elected president, and you don’t have to stay to manager in public accounting to maximize your career.
Grant Thornton Admits 47 New Partners and Principals
Grant Thornton announced its new partner class yesterday and while this year's group was slightly smaller than last year's class of 50, it's still far larger from those in recent years. There were 32 new partners admitted in 2014, 30 in 2013, 27 in 2012, 26 in 2011 and 22 in 2010. Here's the newly […]
BDO Admits 39 New Partners
Oh look, we have more new partner news. BDO actually made this announcement a few weeks ago, but no matter, the new partners officially got their stripes on July 1. The 2016 class of 39 marks the seventh straight year of growth. There were 30 new partners in 2015, 24 in 2014, 16 in '13, […]
EY Admits 714 New Partners Worldwide
It’s a new fiscal year in the EY universe which means a new partner class. Here’s a tweet and a video:
More PwC Partners Getting Fancy New Titles
Over the last week we've reported a lot on the haps inside PwC. There has been news of partner promotions, a straight talk committee and Tim Ryan's new casual wardrobe. This is all to be expected with the changes in leadership. Bob Moritz is moving up to the global chairmanship and he's taking a lot […]
New PwC Chairman Forming ‘Straight Talk Committee’ to Give Him ‘Candid Feedback’
Yesterday in the roundup, we learned about PwC's new leadership team in the US. It consists of 20 (!) people, led by Tim Ryan who announced the news in a LinkedIn post. The post is obviously scrubbed for an external audience, which is why it's fun that a source dropped us the internal email from […]
CGMA Twitter Account Figured ‘Accountants Want Raises’ Was Stating the Obvious
No superfluous tweets here! 25% of #finance and #accounting employees would like to be rewarded for their hard work with a promotion. pic.twitter.com/Xmn5urn4f9 — CGMA (@CGMA) January 7, 2016 Just remember, make that promotion to a position that doesn't involve managing people. That'd be great.
Grant Thornton Admits 50 New Partners
Grant Thornton deified 50 new partners on August 1st, according to a firm press release. This year's class size dwarfs those from recent years; there were 32 new partners admitted in 2014, 30 in 2013, 27 in 2012, 26 in 2011 and 22 in 2010. Purple Rose of Chicago CEO Mike McGuire heaps on the […]
EY Admits 753 New Partners Worldwide
It's New Year's Day in the EY universe which means a new partner class. The firm dropped the news on their site earlier today: EY today announced the promotion of 753 of its people to partner, its largest increase since 2008 and a 12% increase over 2014. This year, EY added a record number of […]
Here’s the PwC Partner Class of 2015
Well, this is exciting. The list of new PwC partners fell into our lap earlier today and now we're sharing it with you. They all officially join the partnership on July 1, the firm's New Year's Day. There are 201 partners in the 2015 class, one of the largest ever. The firm named 180 last […]
What Do You Wish You Knew Before Getting Promoted?
Promotions are something that most people are willing to sacrifice life, limb, and select loved ones to win. When you do get promoted, it's indicative of your developing skills, the growing trust that superiors place in you and, in many cases, the ability to brownnose the right people. It also means a new title, a […]
New CPA Outraged By Unlicensed Colleague’s Superior Desk Situation
No license? No office!