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Friday Footnotes: CPA Exam Scares Accounting Majors Away; EY Loses Fees in China | 5.12.23

Going Concern

Talent Why Graduates Aren’t Hot on Accounting Careers: Low Starting Pay, Onerous Testing [ Wall Street Journal ] For Connor Verrett, an economics major and entrepreneurship minor at Washington & Lee University who expects to graduate this month, that roadblock was among the factors he considered in eschewing an accounting career. “It

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Friday Footnotes: ‘You Can’t Be Seen As the First Person to Leave’; How Firms of All Sizes Are Using AI | 10.6.23

Going Concern

Donald Bender, a partner at accounting firm Mazars USA, had been under tense cross-examination by Trump’s attorneys since Tuesday afternoon when they called him out over his apparent memory loss during the final hours on the witness stand. Technology How do different accounting firms use AI? 1, KPMG said.

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Friday Footnotes: Why Private Equity Loves the Profession; A Very Naughty KPMG Employee; WTF PwC Guy | 4.5.24

Going Concern

Private Equity Why private-equity investors see a target-rich environment in Chicago’s accounting biz [ Crain’s Chicago Business ] Isn’t “target-rich environment” what Overwatch’s Soldier 76 says when he pops his ult and proceeds to melt the entire enemy team? Foreshadowing maybe.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

He pursued an accounting career and took a job at PwC because of what he described as a “false choice” between having to do either tax or audit to move up the ranks. After that first day, Davidson “managed to survive” and eventually shifted his career into corporate finance. On day one.

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