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Friday Footnotes: Know Your Value; Retired EY Partners Complain; ‘Rest For Success’ | 2.3.23

Going Concern

Big 4 EY considers handing retired US partners cut of proceeds from spin-off [ Financial Times ] EY has told retired US partners it is considering giving them a cut of the proceeds from a spin-off of its consulting arm, after complaints that the firm’s leadership is cashing in on a business built by previous generations. Ha ha,” he chuckles.

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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

As we enter the season of giving, it seems that employees of a Mississippi-based accounting firm with a lucrative Florida contract have allegedly been caught gifting themselves funds intended to help citizens in need. Baker Tilly Shops for US Law Firm as Big Four Expand Services [ Bloomberg Tax ]. Something’s up.

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Friday Footnotes: Big 4 Culture Gets Slammed Again; Audit Leads the Way in AI; Small Firm Gripes | 11.10.23

Going Concern

They also expect auditors to understand and evaluate processes and controls, analyze transaction-level data for anomalies, and test more data in real-time,” said Scott Flynn, KPMG vice chair—Audit, in a news release.

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Friday Footnotes: Opinions!; EY’s Blockchain Aspirations; KPMG Junior Reprimanded | 9.30.22

Going Concern

Partners at Deloitte in the UK and Switzerland will receive an average income of more than £1m each for the second year in a row, after the accountancy firm enjoyed another successful year. Firm Watch. Rehmann merges in Vestal & Wiler [ Accounting Today ]. 5), which merged with Friedman in September.

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

The Conflict Surrounding Work-Life Balance in Public Accounting Firms [ CPA Journal ] For years, the public accounting sector has been characterized by high employee turnover. In the past few decades, public accounting firms have implemented work-life balance practices as part of their attempts to curb excessive turnover.

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Monday Morning Accounting News Brief: Small Firms Beg For Big 4 Knowledge; FreshBooks Leak; Tech in Lieu of Accountants | 4.10.23

Going Concern

Smaller accounting firms have asked Big 4 to share their expertise [ FT ]: Smaller rivals have called on the UK’s Big Four accounting firms to share their audit expertise and technology, but partners at the big firms say they fear being accused of breaking competition law if they do so. It’s Monday.

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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.