Being passed up for a promotion can cause a person to do really dumb things in a fit of anger. For now-former PCAOB inspections leader Jeffrey Wada, the really dumb thing he did was illegally tip off executives at KPMG—not once but twice—about which KPMG audits the PCAOB would be reviewing so the firm could […]
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The Future of
What skills should you develop to succeed in a world with artificial intelligence? DePaul University explores the biggest challenges and opportunities for accountants, as technologies like AI, cloud computing and big data enter mainstream adoption.
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Why Tax and Analytics are Inseparable at Chick-fil-A
Chick-fil-A breaks downs its transformative tax data handling approach with self-service analytics. This session is designed to impart real-life examples on how to reduce risk, increase value, and better identify tax-saving opportunities with analytics.
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Big 4 View more articles
Legal research firm Acritas came out today with its 2019 Global Alternative Legal Brand Index, the best of the best non-law firms that provide nontraditional legal or quasi-legal services to clients. And just like last year’s index, the Big 4 firms’ legal arms take up four of the top five spots. But there’s a new […]
After Tabby Kinder of the Financial Times broke the story on Sept. 30 about KPMG U.K. taking back all the mobile phones that it had issued to hundreds of employees to cut costs, she shared a text on Twitter she got from an accountant that I found humorous because the accountant found the topic of […]
David Britt is the latest former KPMG partner who has admitted guilt for participating in a scheme to steal confidential audit inspection information from the PCAOB. Britt, 56, who was a co-leader of KPMG’s Banking and Capital Markets Group, pleaded guilty to one count of conspiracy to commit wire fraud on Oct. 3. His trial […]
Technology View more articles
Industry View more articles
Remember Leslie Seidman, the former chairman of the FASB? Well, she is now, among other things, a member of General Electric’s board of directors and chairman of its audit committee. She made an appearance on CNBC on Aug. 15 to comment on the report from Madoff whistleblower and forensic accountant Harry Markopolos that accuses GE […]
The Dallas Morning News reported today that UPS is eliminating 64 accounting jobs at its facility in Coppell, TX. The reason? Outsourcing, of course. A UPS spokesperson told the newspaper that the package delivery company is outsourcing transactional finance and accounting work in order to let employees “do more strategic work that can make a greater […]
Firms View more articles
Let’s face it, 2019 hasn’t been the best year for the Queen’s Grant Thornton, and neither was 2018. Let’s recap: 2018 Stopped bidding for new audit work at the largest U.K. companies. Patisserie Valerie accounting fraud; Grant Thornton was the auditor and is under investigation by the Finanical Reporting Council. Fined £3 million by the […]
Career Center View more articles
There’s a delicious rant blowing up on /r/accounting I wanted to share with you all on this fine Wednesday because A) it’s hilarious and B) I’m fairly certain a good 99% of you can relate to OP’s frustrations. Screw the pleasantries, let’s jump right in. Accounting student rant. (Soft skills, brand building, *vomit*) from r/Accounting […]
Salaries View more articles
I got an email the other day about the latest Rosenberg MAP Survey being available for purchase, and because I don’t have an extra $500 laying around (and neither do The Powers That Be at Accountingfly), I went looking for highlights from this year’s survey instead. And I stumbled upon some updated info about income […]
By now you guys and gals in public accounting have most likely had compensation discussions with your respective firms. We assume that some of you were pleased with the outcome. But it’s probably more realistic to say that a majority of you were somewhat or extremely disappointed. While they might not have the most up-to-date […]