article thumbnail

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

CPA 109
article thumbnail

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

Going Concern

The models can read documents and pull-out information that auditors are looking for. “It It makes doing audits much faster, eliminating some of the human error, providing move value to some of the accounting audit work that we do for our clients,” he said. . On day one. I was 21 at that point.”

audit 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 one point, Trump attorney Clifford Robert asked Bender to speak into the microphone and the accountant replied: “I am as close as I can be without kissing it.” 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.

article thumbnail

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

Going Concern

The Early Career Rising Star honoree is Vivian Newton, who received both her bachelor’s (2016) and master’s (2017) degrees in accounting, along with an Honors College Degree. She is serving a two-year rotation as a manager in Grant Thornton’s SEC Regulatory Matter Group in Washington, D.C.

auditor 81