Accounting News Roundup: Construction, Uber, and Ronaldo | 06.14.17

By | June 14, 2017

Talent crisis? This is a talent crisis.

Next time someone goes on about the shortage of talent in accounting, kindly remind them that things could be worse, like in construction. Similar to accounting, construction can’t hire young workers to replace its retiring experienced workers fast enough. But the double whammy for construction companies is that they’re really only hiring men. The Bureau of Labor Statistics states that only 9.1% of the industry’s workforce are women. Compare that to accounting, where nearly half of current staff and new hires are women.

Uber

In other accounting-could-have-it-way-worse news, Uber’s chief bro Travis Kalanick is taking a leave of absence from the company after it “released 13 pages of recommendations compiled as part of an investigation into sexual harassment and other wrongdoing.” During the all-hands meeting to discuss the leave of absence and other things, this happened:

While speaking, [board member Arianna] Huffington pointed out that Uber was adding a woman to its board, Wan Ling Martello.

“There’s a lot of data that shows when there’s one woman on the board, it’s much more likely that there will be a second woman on the board,” she said around six minutes into the recording.

“Actually what it shows is it’s much likely to be more talking,” Uber board member David Bonderman said.

“Oh. Come on, David,” Huffington responded.

Bonderman has resigned from the board.

Sports!

Spain has accused international football star Cristiano Ronaldo of failing to pay over $16.5 million in taxes, using “offshore accounts to hide income from his image-rights payments.” I’ll bet he wishes he could hide the images of that statue.

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Bruce Phillips of HPC, an Accountingfly firm partner, discusses the future of remote accounting jobs.

Previously, on Going Concern…

In Open Items, someone wants to know if this position is for an accountant.

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