June 19, 2018

E&Y

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EY Promotes 669 New Partners Worldwide; Numbers Down for Second Year in a Row

Yeah, it’s the old logo, but I’m sure the firm prefers it to shirtless dudes. Sorry, it seems I’m a bit slow to the new EY partner news. Here’s Mark Weinberger on Sunday: We are committed to developing and strengthening our pipeline of diverse leadership. #BetterWorkingWorld pic.twitter.com/rwui5G0Nvc — Mark Weinberger (@Mark_Weinberger) July 10, 2017 There’s […]

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Big 4 Audit Quality Hiding in Plain Sight: Restatement Mentions in PCAOB Reports

For the last several years, one very interesting audit quality metric has not been widely reported in the media, and the largest audit firms barely mention it. It has been hiding in plain sight and could be a useful data point to audit committees or investors that are trying to understand the quality of audits. […]

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Let’s Revel in These Bitter 1-Star Reviews of Accounting Firms

I mentioned the Vault Accounting 50 yesterday, and even though we don’t pore over the listings like we used to, there’s still one part of them that we haven’t tired of yet: bitter 1-star reviews of accounting firms. So yes, I dug through the 1-star reviews of a few dozen accounting firms for an hour […]

Accounting News Roundup: Big Auditors, A Tax Situation and United | 04.11.17

Big auditors Accounting Today reports on the latest numbers out of Audit Analytics on public company auditors. And congrats to EY, the audit-yiest of the auditors: Big Four firm Ernst & Young maintains its top spot in the rankings of auditors of public companies, with over 250 public company clients more than its nearest rival, […]

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Man, This EY Auditor Made Some Bad Choices

Today in consequences of career limiting moves, a former EY auditor settled charges with the SEC that he traded on insider information about a merger of a client that he was staffed on. Now, I know you’re thinking, “Wow, that was dumb.” And yes, that was incredibly bad decision on the part of Nima Hedayati, […]

Accounting News Roundup: CEOs and Trump; PCAOB Fines EY Indonesia | 02.10.17

CEOs and Trump Here’s a Washington Post article that looks into how CEOs like Elon Musk are stuck between a rock and a Trump place: Musk has maintained on social media that his role as an adviser should not suggest he supports all of Trump’s policies. Instead, he says, his presence offers an opportunity to […]

Trump Tapped EY CEO to Mansplain Chicks in the Workplace to Him

As you may have heard our esteemed and definitely not toxoplasmosis-infected president Donald J. Trump turned to two guys — Walmart CEO Doug McMillon and EY CEO Mark Weinberger — for a discussion on women’s workplace issues with his Strategic and Policy Forum last Friday. Perhaps all the women CEOs were busy that day getting […]

EY CEO’s Statement Fails to Rebuke Trump’s Immigrant Ban

EY CEO Mark Weinberger has his first big meeting as part of President Trump’s business advisory council this Friday and it promises to be…interesting. That’s because some executives on the council have expressed concerns and others outright rebukes of the executive order banning refugees and immigrants from seven countries. Weinberger opted to play it safe […]

EY Counts the Votes for the Golden Globes, You Guys

Look at that, another year gone by. As many of us try to get back to the gym, find a new job or yell at fewer strangers, there's one other time-honored tradition in January: accounting firms boasting about their award show gigs. And here's EY, right on cue, to tell us about their sweet counting […]

For the Hoarder of Big 4 Swag in Your Life: This Ernst & Young Computer Bag Is for Sale on Craigslist for $5

If there were an online marketplace of vintage Big 4, 5, 6 or 8 swag, I can just imagine the sickos that would troll it all day long for the best deals they could find. Andersen mousepads for $2; PricewaterhouseCoopers backpacks for $10; Touche Ross coffee cups for $3. I'm sure there are hours of […]