Layoff Watch ’19: KPMG U.K. Reportedly Will Cut an Entire HR Division
“Project Zebra” strikes again. The London Evening Standard has the latest about the bloodletting going on at KPMG. Apparently some people in HR are being told to hit the bricks: The Evening Standard...
View ArticleIt’s That Time of Year When the SEC Gets Braggadocious
Now that the SEC is a little more than a month into its new fiscal year, the commission wanted to remind everyone that its enforcement division staff didn’t spend FY 2019 watching porn at work all day...
View ArticleMemo to Audit Firms: Altering Workpapers Is Still Frowned Upon
Amid all the drama and turmoil going on at the PCAOB right now, one thing hasn’t changed: PCAOB inspectors really love busting auditors for improperly altering workpapers. Eight auditors—two at...
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This Accounting Student Is So Desperate For an Internship He’s Hitting Tinder...
OK look, I’m old and spent my entire 30s in the same relationship so I don’t know a thing about Tinder other than what I’ve heard from friends and seen posted in meme form. There’s swiping involved, I...
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PwC Probably Did Celebrate When It Helped Mattel Cover Up an Accounting Error
By now you guys have probably read the Wall Street Journal article yesterday that explains what Mattel and PwC did to bury accounting issues related to the value of the Thomas & Friends show for...
View ArticleLet’s Have a Pissing Match Over the Best CPA Exam Schools in the Nation
Many years ago, I used to get TPTB to fork over the $200 for NASBA’s Candidate Performance book and share all kinds of stats on the exam like which schools were far superior to others and which schools...
View ArticleFriday Footnotes: Deloitte Tightens Its Belt; KPMG Kuts; Square Gets Square...
Maryland Association of CPAs CEO and Going Concern favorite Tom Hood has been chosen as one of Maryland’s most admired CEOs [Daily Record] Go Tom! Deloitte Private to be cut amid low profit, low growth...
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Accountants Behaving Badly: Drugs and Sex Trafficking, Bookkeeper Busted for...
Plus, a bunch of tax preparers are going to be spending some quality time in jail. Kentucky man charged with sex trafficking, drug conspiracy [Associated Press] Mark Milslagle, a former Kentucky...
View ArticleHiring Watch ’19: BDO Nashville Wants You and Some of Your Friends
It looks like EY isn’t the only firm going on a hiring spree in Nashville. BDO is getting some new digs and will be needing some new capital market servants. The Nashville Post reported: Fifth +...
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Promotion Watch ’19: KPMG Admits 138 New U.S. Partners
We’re about T-minus 30 days until KPMG releases its global revenue for fiscal year 2019. In the meantime, we got word on who the newest rainmakers in the Americas region will be for FY 2020. KPMG gave...
View ArticleUh-Oh, PwC, You’ve Gotten the Attention of the PCAOB
Somebody at the PCAOB must have read the Wall Street Journal article last week about Mattel and its auditor PwC allegedly burying an accounting error tied to Mattel’s ownership of Thomas & Friends...
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Grant Thornton Poaches Someone From Deloitte and Issues a Press Release, Part II
It’s been more than four years since Going Concern has reported on someone changing their team colors from green to purple, but that happened recently as Grant Thornton nabbed a former managing partner...
View ArticleHere Comes the Stupid Advice For Employers on How to Attract ‘Zoomers’
Well, we knew this day would come. I mean, it was inevitable what with the oldest millennials (myself included, depending on who you ask) turning 40 soon. There was only so long The Olds could continue...
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EisnerAmper Poaches Someone From PwC and Issues a Press Release, Part I
Brent Lipschultz has boomeranged back to EisnerAmper after a four-year layover at PwC where he was a partner in the firm’s Personal Financial Services practice. Lipschultz, who has been a guest on CNBC...
View ArticleApparently Some KPMG U.K. Employees Were Pissing or Pooping (or Both) In a...
So yesterday the BBC posted an article about the shitty bathroom etiquette of some employees at the Financial Conduct Authority, the regulator of the financial services industry in the U.K. And I’m not...
View ArticleTim Ryan Isn’t Worried About Poaching at PwC Because of Heart or Something
“We spend about half a billion dollars a year on upskilling our employees. A big part of our [leadership team] debate three years ago [was] well, if we make our employees more relevant then they’ll get...
View ArticleAttn Minority Accounting Students: The AICPA Wants to Send You to a...
Setting aside the snark for a moment to let you younguns know about an opportunity specifically for minority accounting students interested in attending the AICPA Accounting Scholars Leadership...
View ArticleListicle of the Day: Best Accounting Firms For Working Dads
If you read our article in September about the public accounting firms that made Working Mother’s 100 best companies for 2019, you could surmise that those same firms were also included in Working...
View ArticleFriday Footnotes: Subprime Accounting Magic; A Street Fighting...
Calibre CPA Group, Notice of Data Privacy Event [PR Newswire] Clients of Bethesda-based Calibre CPA Group, consider yourselves warned that the haxz0rs may have your personal information. In Hong Kong,...
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Accountants Behaving Badly: Ex-KPMG Auditor Detained, Stealing From Clients,...
Plus, healthcare accountant sentenced to two years in jail for embezzlement, and tax preparer gets three years for filing fraudulent tax returns. Auditor detained after saying devil told him to kill...
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