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Monday Morning Accounting News Brief: The EY Executive Who Never Was; Deloitte Doesn’t Get in Trouble | 10.9.23

Going Concern

A joint parliamentary inquiry into the way the big four accounting firms are structured also heard on Friday that the scandal was “symptomatic of a structural problem” within the accounting sector caused by the tension between the firms acting to maximise profits while also being expected to act in the public interest.

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Monday Morning Accounting News Brief: PwC Denies It Got DUI Partner Drunk; KPMG Misses a Huge ‘Error’ | 11.25.24

Going Concern

PwC, the UK’s biggest auditor, is paying an extra £35,000 in employer’s NIC for each of its 1,030 partners. That means that Britain’s biggest auditor will see its tax bill increase by nearly £36 million because of the changes.

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Friday Footnotes: Screw the Office; Auditor Sues EY For Doing Her Job; IRS Levels Up | 9.16.22

Going Concern

EY fired auditor for not approving illegal transactions, says a new lawsuit [ Reuters ] Ernst & Young LLP has been sued by a former partner who says she was forced out of her job for refusing to sign off on client transactions that violated tax and securities laws. In a speech on the Senate floor this afternoon, U.S.

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Professionals on the Move – Dec. 2023

CPA Practice

Jeri Beckham, Texas Joan Bengford, Iowa Velma Bjorgum, N.D. Jody Ehlers, Iowa Erick Enriquez, N.J. James Gobeli, Iowa Melissa Gourgues, La. Bennett is a Certified Fraud Examiner and a member of the American Bar Association Institute of Internal Auditors, Institute for Internal Controls and the Association for Corporate Growth.

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Friday Footnotes: Firms Make Progress on Diversity; EY Growth Plan; PIZZA PARTY! | 3.8.22

Going Concern

Polymetal International’s Auditor Deloitte Resigns Citing Russian Operations [ MarketWatch ] Polymetal International PLC said Friday that its auditor Deloitte LLP has resigned with effect from April 7 as it won’t be able to carry out the audit process as most of the company’s assets and operations are in Russia.

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

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Friday Footnotes: CPA Says Stop ERC Fearmongering; Deloitte Cussed Out For ‘Grueling Culture’; Worst Books Ever | 2.23.24

Going Concern

Advice What I did next [ Deloitte ] Deloitte alumnus Aaron Westgate talks about teaching accounting. Q: What advice would you give your student working on their first project as qualified auditor? Illinois, where even a study funded by the state of Illinois universities found that they were second in the country for public corruption.”

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