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Monday Morning Accounting News Brief: Feds Raid PwC; Big 4 Wants to Be Like Grant Thornton!? | 11.4.24

Going Concern

Accountants have to do the same amount of work with less resources, with time being one of them.” Reports NL Times : The accountancy firm Ernst & Young (EY) is the latest accounting company to discover exam fraud. The fraud consisted of accountants sharing answers to mandatory tests, which is not allowed.

Account 105
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Someone Looked Up Audit Senior Salary Ranges at the Top 25 Firms to Catch Them Breaking the New NYC Pay Transparency Law

Going Concern

Doritos chose audit senior positions for their research since that tends to be one of hardest to fill roles. About half (12 of 25) of the firms are received an “A” grade, most notably KPMG. Firms that provided wide ranges received worse grades. The state can issue fines of between $500 and $10,000 per violation.

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CBIZ Picks Up Erickson, Brown & Kloster in Colorado

CPA Practice

Cleveland-based top 15 accounting firm CBIZ acquired Erickson, Brown & Kloster, a full-service tax, accounting, and business consulting firm located in Colorado Springs, on Feb. Concurrent with this transaction, Mayer Hoffman McCann (MHM), the auditing arm of CBIZ, gained the attest assets of EBK.

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New GASB Members Named

CPA Practice

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. He joined the Governmental Accounting Standards Advisory Council (GASAC) in 2011 as a representative of the Government Finance Officers Association (GFOA) and served as chair from 2015-2021.

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Friday Footnotes: How Much Big 4 Spent on Lobbying Last Year; Super Bowl Bets; CFOs Feeling Good | 2.9.24

Going Concern

Three of the firms also joined industry efforts to designate accounting as a science, technology, engineering, and math—or STEM—field, according to federal lobbying disclosures. My buddy from undergrad works office security at one of the Big 4 accounting firms in Midtown.

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Tuesday Morning Accounting News Brief: EY and PwC Get a New Scandal; Stop Trying to Make Sexy Accountants Happen | 1.16.24

Going Concern

Project Everest head cheerleader Andy Baldwin had some things to say at Davos : Breaking up EY into separate consulting and auditing companies would have increased growth potential as the company grapples with the need for capital to invest in technology and AI to stay competitive, EY’s global managing partner Andy Baldwin said on Tuesday.

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Accountants Shy Away From Talking to Their Bosses About Mental Health

CPA Practice

The grind of working in public accounting—and the detrimental effects it can have on a CPA’s mental wellbeing—are often discussed on online forums like Fishbowl, where accounting professionals have asked their peers how they have dealt with anxiety, depression, and burnout.

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