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Friday Footnotes: Deloitte’s Naughty Workpapers; Audit Reform Critics; Clients Getting Dropped Like Mics | 3.4.22

Going Concern

Deloitte considers Russia pull out as pressure grows on western firms to exit [ Financial News ] Deloitte is considering pulling out of Russia, becoming the first Big Four audit firm to do so as pressure grows on Western companies to cut ties with the country following its invasion of Ukraine. Antar (@SamAntar) March 4, 2022.

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Average Bookkeeper Salary in the United States

Snyder

Table 2 depicts the difference in the median annual wage (as of 2018), entry-level education, work experience and on-job training for accountants and auditors in comparison to bookkeepers and clerks. While 46% of accountants and auditors are aged 25-44, only about 32% of bookkeepers and accounting clerks are of the same age.