Deloitte Transparently Informs Us Asians and Males Have the Highest Attrition at the Firm
The 2022 Deloitte Diversity, Equity, and Inclusion (DEI) Transparency Report somehow flew under our radar when it came out in August, probably because Deloitte puts out approximately 263 reports a week and it would be impossible for your average person to read and understand each and every one of them. As the name implies, the […]
Here’s How Much Auditors and Consultants at Deloitte Australia Make
Deloitte Australia is putting it all out there and revealing exactly how much its people make. Australian Financial Review reports: Deloitte Australia chief executive Adam Powick has revealed the minimum pay rates for the firm’s audit and consulting divisions as part of a strategy to be more transparent with staff and attract more skilled professionals. […]
Former EY Partner Calls Newly-Released Tax Salary Data “Disturbingly Low”
Australian Financial Review said this morning they are in possession of tax salary data that EY is providing to some of its teams internally: Staff in EY’s tax division have learnt for the first time the salary ranges paid for graduates, consultants, managers and directors as part of a pay transparency drive at the big […]
Accounting Firms Need To Have More Transparent Conversations With Employees About Compensation
I missed this HBR article from earlier in the month, but it's about money, so I figure it's worth covering.
How Would Salary Transparency Go Over at Accounting Firms?
In case you're new round these parts, compensation is a popular topic of conversation.
PCAOB Was Born That Way
At the Wall Street Journal's CFO Network event yesterday, a nameless CFO asked SEC Division of Corporate Finance, Keith Higgins, “What gives with the PCAOB? Do they really mean to be slow and not transparent?” Although Mr. Higgins acknowledged that, "We've heard that concern," the correct answer is, "Yep! That's how audit firm lobbyists designed it!" […]
According to This, Audit Partner Naming Is No Longer on the PCAOB’s To Do List
We found an interesting bit in a DealBook piece about Mary Jo White's impotent SEC we felt would be important to share with you: On yet another front, the S.E.C. is embroiled in a quiet battle with the Public Company Accounting Oversight Board, the accounting industry regulator created after the Enron-era scandals. The accounting board […]
Why Aren’t Big 4 Firms Aggressively Marketing Their CPA Exam Policies?
While the firms are busy trampling each other to recruit top talent with a salary/benefit/work-life balance pissing contest, many of them are missing one important component to their seduction strategy: CPA exam incentives. We already know some firms pay for materials, give you time off to study, and offer cash incentives for passing the exam […]
PwC’s Transparency Gives Its Employees the Warm Fuzzies
Yesterday we discussed the Vault business outlook rankings for public accounting firms. In general, I thought that mid-tier firms have a sunnier horizon than the Big 4 firms, with the obvious exception of PwC. That exception seemed odd to me, so I shot a question over to Derek Loosvelt who did the write-up on the Accounting […]