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Talent-Strapped Down Under Deloitte and EY Are Importing Staff

Going Concern

We all know outsourcing is big these days — accounting firms might be sending a third of their work overseas and some seniors are overseeing an entire team of offshore associates — but what about insourcing ? We’re talking about talent-strapped Big 4 firms bringing the offshore talent to them. In the U.S.,

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How the Accountant Shortage Is Rippling Through the Startup World

CPA Practice

The drought of talent has prompted a crisis in the industry, which has put the blame on stiff education requirements, sluggish pay, and tough competition from glitzier business school paths like investment banking and management consulting. client base for the small business accounting software platform Xero. “The

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

A consulting firm struggled to find the right hybrid work model. day workweek [ Fortune ] Management consulting firm Insigniam has seemingly found that happy medium after instituting a 4.5-day TowerBrook and Eisner plan to continue acquiring regional accounting firms or partnerships.

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Friday Footnotes: For the Last Time, Salaries Are Too Low; NOCLAR Is Back; Big 4 Beat Up Again | 3.1.24

Going Concern

Meanwhile, the audit side is under increased regulatory pressure because of perceived lapses in audit quality at accounting firms of all sizes. Last year, the median salary for full-time entry-level accounting jobs was roughly $62,500, up from about $50,000 in 2020, according to Handshake data.

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Friday Footnotes: Eff You, Pay Me; KPMG is Reading Your Thoughts; EY Adds Meme Coins to Blockchain Tech | 2.24.23

Going Concern

Talent The new math in recruiting at accounting firms [ Puget Sound Business Journal ] You have to scroll way too far down in this article to see a mention of salary. It’s part of a larger trend of accounting firms trying to find young talent as the industry wrestles with staffing shortages.

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The SEC Has Charged Marcum’s Former National Assurance Services Leader With Being Ass at His One Job

Going Concern

.” From today’s news release : The Securities and Exchange Commission today charged Alfonse Gregory Giugliano, CPA, the former National Assurance Services Leader at Marcum LLP, a public accounting firm, with failing to sufficiently address and remediate numerous deficiencies in Marcum’s quality control system.

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Friday Footnotes: Deloitte Partner Scammed By Other Deloitte Partner; Big 4 Legal Grows; A $3.5 Billion Error | 2.17.23

Going Concern

” Big Four: EY, Deloitte, KPMG, and PwC step on law firms’ toes increasing legal revenue to £1.25bn [ City A.M. ] The Big Four accounting firms – EY, Deloitte, KPMG, and PwC – are capturing an ever-larger share of the global market for legal services. Regulators are, in general, supportive.”

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