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September 30, 2023

When accounting goes unaccounted for

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Friday Footnotes: EY’s Six CEO Candidates; Deloitte UK Partner Payouts Increase Again; IIA Gets Their Way | 9.29.23 Prager Metis Just Got Thoroughly Boned By the SEC For Hundreds of Independence Violations Listen Up, Young Accountants: Career Advice For Sticking Out Those Early Years Deloitte Survey Finds Zoomers Are 3x More Likely to Fall For Scams Than Boomers So Why Don’t More of Them Work at Deloitte Longtime PCAOB Veteran and Skepticism Enthusiast George Botic to Sit on the Actual Board

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KPMG

KPMG Vice Chair Hopes All the Tech Layoffs Will Scare College Kids Into Accounting

by Adrienne Gonzalez

KPMG Vice Chair Greg Engel has been having trouble sleeping lately. It isn’t climate change or social justice or the price of eggs keeping him up at night, like most accounting leaders he is consumed by the talent shortage. No really, that’s what he told CFO Dive. Not to worry, Engel has hope. Hope that […]

Financial Reporting

Stop Worrying So Much About Non-GAAP Measures

by Caleb Newquist

A long time ago, in an accounting classroom far, far away, I heard one of my professors refer to EBITDA as “everything but the bad stuff,” implying that this non-GAAP metric could not and should not be trusted. Then I started working and it soon became obvious that nearly everyone trusts EBITDA! The premise being […]