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Friday Footnotes: A (Fake) Day in the Life at Deloitte; DYNAMIC Merger For Grant Thornton; CPA Awareness | 12.9.22

Going Concern

Britain’s biggest companies and their auditors are playing a £10bn game of musical chairs. When the music stops we will have learnt something about how seriously we should take the Big Four accountants’ opposition to audit market reforms. The accountants argued a compulsory merry-go-round was unnecessary and would hurt audit quality.

CPA 88
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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

At the same time, the median, inflation-adjusted pay for young accountants has stagnated, according to a Wall Street Journal analysis of salary data compiled by the Census Bureau. This pay disparity is a major reason why fewer people are choosing accounting careers, threatening to worsen an already dire shortage of accountants.