An article titled “PCAOB Inspections: Public Accounting Firms on Trial” describes the results from an academic study and survey about the effects on auditors who have been subject to PCAOB inspections. One of many good observations from that academic study is repeated below: Respondents collectively perceive that audit quality has improved as a result of […]
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While there is a consensus that the PCAOB’s existence has improved audit quality, it is also clear that the PCAOB has contributed an unhealthy level of hysteria to the auditing profession. That hysteria has led some professionals to make horrible choices (as seen in the KPMG inspection selection leak scandal). That hysteria has also driven […]
Contrary to popular belief, you can in fact quit during busy season. Life’s too short to be so miserable.
Remember a couple weeks ago when we discussed potential work-from-home adjustments for salaried workers now living in lower COL areas thanks to the Rona? In case you forgot, the gist of it is that this is already happening in the tech industry, so there’s no reason to assume accounting couldn’t possibly follow suit. The comments […]
When the world abruptly turned upside down and drove everyone inside their homes last March, many (perhaps optimistically) thought it would end up being a very brief experiment in what happens when white-collar workers are forced to do their jobs remotely for a couple weeks. We know now “two weeks to flatten the curve” was […]