The Rumor Is True, PwC Is Returning to the Office
Today was the much-anticipated firmwide webcast in which we expected PwC leadership to announce a return to office. Lo-and-behold…it happened. A source tells us: 50 percent “people together,” virtual channel staff three times per month, firmwide events requirement two times per quarter. So return to work 50 percent starting July. r/PwC is discussing it and […]
Quote of the Day: “The War For Talent Is Over. Talent Won.”
Fresh off the presses from CNBC, PwC US Chair Tim Ryan just dropped the mic on the talent shortage: In the headlines, the war for talent is still taking place on two fronts, with a hot labor market still tilted to job seekers even in a cooler economy, and companies testing the power they have […]
A Senior Partner Who Has Probably Been Burned Out Since 1997 Gives Tips on Avoiding Burnout
Why do I feel like this screenshot is going to end up on r/thanksimcured? Now this may be blasphemy to say this around these parts but he’s mostly right. Exercise? Hell yeah, great for you. Healthy eating? Also great for you, those takeout dinners can really take a toll on your health. Passion projects? Super […]
PwC’s Summer Break Works, Says Tim Ryan
From a recent CNBC article on company-wide vacation breaks to foster employee well-being: Feeling revitalized is what many employees and their employers both want. Starting this year, accounting and consulting firm PwC is giving its 60,000 U.S. employees two annual company-wide, week-long breaks — one in July and one in December — in addition to […]
PwC Will Not Let Economic Chaos Foil Its Aggressive Hiring Plans
That’s per PwC US chair Tim Ryan who told Insider the firm has its all-seeing eye firmly focused on the market. For now though? Let’s get those warm bodies into chairs. Tim Ryan, the US chair of PricewaterhouseCoopers, said the firm’s hiring plans aren’t going through “any major shocks or changes right now” and that […]
Grant Thornton and BKD Have Better CEOs Than the Ones At Big 4 Firms, According to Glassdoor
Here’s a quick recap of where public accounting firm CEOs were ranked in Glassdoor’s 100 top CEOs in 2021, based on anonymous employee reviews and feedback: 47. Brad Preber, Grant Thornton, 94% approval rating 61. Ted Dickman, BKD, 93% approval rating 67. Tim Ryan, PwC, 93% approval rating 99. Paul Knopp, KPMG, 90% approval rating […]
What Tim Ryan Learned About PwC During the Pandemic Also Applies to Roofers
“I think what we’ve learned is that it’s always better to control your destiny when you can. And I want to be clear, we made a zillion mistakes. I don’t want to come across as we batted a thousand, because we didn’t. But I think what we’ve learned is that it’s always better to control […]
Let’s Count How Many Different Sports You Can Play at PwC Chairman Tim Ryan’s House
We know PwC Chairman Tim Ryan is a workout fiend who loves playing and watching hockey. But judging by a photo he posted on Twitter a couple weeks ago, he and his kids love A LOT of other sports too. Shortly after PwC announced that it was closing its offices and going into work-from-home mode […]
Tim Ryan Isn’t Worried About Poaching at PwC Because of Heart or Something
“We spend about half a billion dollars a year on upskilling our employees. A big part of our [leadership team] debate three years ago [was] well, if we make our employees more relevant then they’ll get stolen. What we’ve seen is the contrary. We’re investing in our employees—we’re leading with our heart, we’re leading with […]
Tim Ryan Crunches More Than Just Numbers
A couple hours ago, as I’m putting together today’s newsletter, Adrienne and I got a text from Caleb that said, “Tim Ryan does 1,200 sit-ups in a day? Holy shit.” I thought, “What the hell is he talking about?” So, I Googled “Tim Ryan PwC sit-ups,” and sure enough, a March 13 Wall Street Journal […]
Hey Tim Ryan, We Found That Shoe Shine Guy You Wanted to Recruit to PwC
Back in 2015, Caleb wrote an article based on a LinkedIn post by then-PwC Vice Chairman of Stuff Tim Ryan about an exceptional shoe shine guy he met at LaGuardia Airport. In typical holier-than-thou, white-collar fashion, Ryan kicked himself for not giving the guy his card, as he likely dreamed throughout his flight of offering […]
PwC Not Talking Up Its Role in the Academy Awards This Year, Obviously
The Golden Globes were a few weeks back, and it caused me to reflect on how an awards show should go for the accounting firm that tabulates the ballots: Congrats to Ernst & Young for not being in the news this morning. #goldenglobes — Caleb Newquist (@cnewquist) January 8, 2018 Last week, the Academy of […]
Talking About Race, Mega Lawsuits, That Oscars Screw-up and More: A Conversation With PwC’s Tim Ryan
Most people would look at the year PwC Chairman and Senior Partner Tim Ryan has had and think, “That’s rough.” After two killings of black men by police officers and the killing of 5 Dallas police officers last summer, Ryan told Fortune in February that he scrapped his plans and, “got the team together and […]
PwC Keeps The Oscars Gig
After dealing with weeks of embarrassment, brand damage, ridicule, repeated apologies, rejection and capitulation, PwC has finally caught a break. The Hollywood Reporter reports that the Academy of Motion Picture Arts and Sciences has decided to retain the firm to tabulate the ballots for the Oscars despite the colossal screw-up that happened with the Best […]
Here’s What PwC US Chairman Tim Ryan Said About President Trump’s Immigrant Ban
In the first reaction from a Big 4 firm that we’ve seen, PwC US Chairman Tim Ryan has issued a statement on President Trump’s executive order that banned immigrants from seven countries. The statement appears on the firm’s PwC Inside Facebook page, is clear and carefully worded and stops short of explicitly opposing the ban. […]
PwC Chairman Tim Ryan Is Probably a Scifi Nerd
My sole evidence for this claim is a tweet, obviously: Another Earth could be circling the star right next door to us! https://t.co/LAI0ODVsiI#ThursdayThought — Tim Ryan (@Timothy_F_Ryan) August 25, 2016 The New York Times article is worth a read if you're into that sort of thing. I happen to be, and my hunch is that […]
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 […]
PwC’s Tim Ryan Sought Sage Advice in Avoiding Dad Jeans
As we've witnessed, several accounting firms have granted their employees the privilege of wearing jeans to work. And if your firm hasn't jumped on the denim bandwagon by now, you probably feel like your dress code is something straight out of Mad Men. Now banks are taking a hint. On Friday, the Wall Street Journal […]
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 […]
PwC Selects Tim Ryan as New US Chairman
And because this is 2016, he tweeted it: Tremendously honored and humbled by the opportunity to lead this extraordinary firm. https://t.co/2zsrOwANYd #PwC — Tim Ryan (@Timothy_F_Ryan) April 12, 2016 Ryan replaces Bob Moritz who's going on to be PwC's global chairman. They both assume their new roles on July 1. I have to say, I'm […]
Can Someone Get a Message to the Awesome Shoe Shine Guy at LaGuardia That PwC Wants To Interview Him?
PwC Vice Chairman of Markets, Strategy something something something Tim Ryan wrote a post over at LinkedIn about finding talent in unexpected places. The gist being you can might potential capital market servants in strange places like Subway; Ryan has already let his local sandwich artist/proprietor know that he can interview with the firm at any […]
Get to Know Your New PwC Overlords
As we told you last week, PwC Assurance Leader Tim Ryan (the nicest guy at PwC, we're told) was taking a new role at the firm as the Markets, Strategy, and Stakeholders Leader. Or PWCMSSL, if you like. Today, PwC formally announced TR's new position as well as a few others with some hearty words from […]
PwC’s Head of Assurance Is Gonna Try Something New
Tim Ryan, who has led PwC's Assurance practice for the last four years is taking on a new role in firm as US Markets, Strategy, and Stakeholders Leader and Vin Colman, the East Region Vice Chair will take his place. We obtained a copy of the email Mr. Ryan sent to PwC Assurance staff […]
At Least PwC Doesn’t Have to Worry About Improving the Supervision of Its Auditors Anymore
Last week the PCAOB dropped Part II of PwC's 2008 and 2009 inspection reports. This was only the second time a Big 4 firm's Part II had been released since the audit profession was blessed with government regulation. It was like a fire rainbow or an unassisted triple play. Rare! Exciting-ish! We pored over the […]
PwC Has Rally Caps on After PCAOB’s Expanded Reports
Yesterday afternoon, right about the time I couldn't read another word about PwC's love of CAKE, this tip came through at approximately 7 pm ET: Tim Ryan just finished up an "emergency" call with all partners and managers about this. Call began at 5:30 EST. Mr. Ryan, as we noted this morning, was quoted in Floyd […]
PwC Wants the PCAOB To Get Better
PwC's November just got more annoying. According to the PCAOB's latest inspection, 41 percent of the 60 PwC audits inspected were not up to snuff, up from 37 percent last year. Issues called out by the PCAOB included failures to identify, or to address appropriately, financial statement misstatements, including failures to comply with disclosure requirements, as […]
PwC’s Humor, Laughter and Sanity Preservation Group to Keep Employees in Stitches During Busy Season
Not sure if this is the beginning of something great or not but with lyrics like, “Gonna sit and eat time ta-cos,” we’re hopeful for more and P. Dubs employees are lucky to have so much talent in their midst. And now that Steve’s American Idol run is over, he can record this for the HLSP Group’s future presentations.
Btw, this should be sung to the tune of Ke$ha’s “Tik Tok.”
The real lyrics:
Wake up in the morning feeling like Tim Ryan,
Read my FASs, I’m out the door, I’m gonna vouch this Citi.
Before I leave, grab my keys with my secure ID
‘Cause when I leave for the day, I ain’t coming back.I’m talking 10-keys and our phones, phones
Freshly laundered clothes, clothes
Ready to confirm loan, loans
Fast-talking, requestin’ our PBCs,
Staff barely in their twenties,
Bookin’ forty – workin’ sixtyy+Don’t stop, Aura locked
GADM please just hurry up,
Fortnight, it seems like
Since I’ve seen the sunlight,
Tick tock, on the clock,
But the audit don’t stop, no(Repeat)
Ain’t got a friend in the world,
But the ones that are here.
Ain’t got no money in my pocket
Cuz I’m not non-exempt.
Now the work is piling up,
But now we know better,
And we’ll keep it till the end
Until we get that Rep Letter.I’m talking about errbody workin’ through lunch, lunch.
Fluxes due to credit crunch, crunch.
Gonna sit and eat time ta-co’sNow, now we work until they kick us out, out.
But my XP won’t shut down, down,
XP won’t shut down, down,
XP won’t shut down.Don’t stop, Aura locked
GADM please just hurry up,
Fortnight, it seems like
Since I’ve seen the sunlight,
Tick tock, on the clock,
But the audit don’t stop, noDJ, you build me up,
You break me down,
My heart, it pounds,
Yeah you’ve got me.
P-Dub’s Help Sucks
Book Vaycay now,
If you’ve got free time,
Yeah, book Vaycay.Look my ARMS up,
Look your ARMS up,
Look your ARMS up.(And the Senior says, “Nobody can leave ‘till I say so…”)
Don’t stop, Aura locked
GADM please just hurry up,
Fortnight, it seems like
Since I’ve seen the sunlight,
Tick tock, on the clock,
But the audit don’t stop, no
