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Does Accounting Education Belong in the University Curriculum? 

Going Concern

Similarly, members of the Institute of Chartered Accountants in England and Wales, do not have to go to university to become an ICAEW Chartered Accountant in the UK. In June 2023, the Financial Times reported that new graduates joining a Big Four firm in London might make as much as £35,000 or about $44,000.

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Monday Morning Accounting News Brief: EY Didn’t Have a Labor Permit; Deloitte Partners Allegedly Suffer But Not Really | 9.30.24

Going Concern

Publications around the world continue to discuss the tragic sudden death of a young auditor at EY India and dirt keeps making its way to the surface. The “big four” firm said average partner pay was down to £1.012m for the year to the end of May, compared with £1.060m in 2023. Never had an accounting class in her life.

audit 104
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Monday Morning Accounting News Brief: Big 4 Firms Hate Going Concern (Warnings, That Is); Being a Whistleblower Blows | 5.20.24

Going Concern

Auditors are required to include a going-concern warning if they believe there is a risk that the company may go bankrupt, rather than making a prediction that it will. The quality control standard represents the give and take of a decade’s worth of consideration on how to improve audit quality among auditors of public companies.

audit 104
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Monday Morning Accounting News Brief: The Age of the Non-CPA; PwC Explains the Chevron Thing | 7.29.24

Going Concern

All this time we thought it was going to be robots that take accounting jobs, it was Indians all along. Oh and reminder: the Institute of Chartered Accountants of India (ICAI) is working on a plan to consolidate India’s 96,000 little accountancy firms into mega-firms that they think could compete with Big 4 on the global stage.

CPA 113
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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Big 4 Big Four Reshape Consulting Workforce, Strategy With Rare Layoffs [ Bloomberg Tax ] The Big Four accounting firms have leaned into their tech advisory work and data analytics services—areas ripe for revenue growth—as interest rates and the artificial intelligence boom reshaped demand for consulting services.