June 24, 2018

Accounting firms

Hear Ye, Hear Ye: Accounting Firm Compensation Threads Have Moved to Open Items

Our former-editor-in-chief-now-editor-at-large has been receiving emails lately asking if we will still be doing compensation threads this year. The answer is yes, but with a twist. Because comments have been disabled on all Going Concern articles, it makes absolutely no sense to post the open compensation threads on the homepage, as Caleb had done in […]

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On Chivalry and Emotional Restraint in Public Accounting

When I started in public accounting we did a Skittle icebreaker on the first day in the office and each color had an associated question. My random Skittle question was, “If you could have any superpower, what would it be?” and I remember saying: “Nerves of Steel.” Most people thought it was a unique response. […]

Ginger Diversity Hire accounting firm

Exposure Drafts: The One Way Accounting Firms Are Succeeding at Diversity

Exposure Drafts appears every other Wednesday. Send your accounting cartoon ideas and diversity quotas to [email protected] You can follow Greg Kyte on Twitter.

voluntold accounting firms

Beware of Public Accounting’s ‘Voluntold’ Assignments

Employment-at-will. It’s a lovely sentiment; if you don’t like it, quit. Easy. But, all jobs require you to do things that aren’t your cup of tea. Once you sign an offer letter at your accounting firm of choice, your schedule will be decided months in advance by the scheduling overlords (i.e., whichever unlucky partner or […]

accounting firms 2018 worries

A Working List of Things Accounting Firms Will Be Fretting About in 2018

Disruption Change Disruptive change The pace of disruptive change Whether or not they’ve figured out the cloud Finding qualified talent Millennials Figuring out how to find qualified talent that aren’t millennials The inevitable cyberattack that will result in every client the firm has ever had filing a lawsuit Artificial intelligence making accountants obsolete through automation […]

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The Number of Women Partners in Accounting Firms Is Still Abysmal

Earlier this month, the AICPA Women’s Initiatives Executive Committee (WIEC) issued its second CPA Firm Gender Study and its findings are not encouraging. The survey found that partnership on average remains overwhelmingly male. The current survey shows little change from studies done in years past, which have typically found less than one-quarter of the partnership […]

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Accounting: Is Our Client Experience Future-Ready?

Earlier this year I read an article in CFO that brought pause. Actually, it brought a lot of pause and for two distinct reasons. Not because I didn’t agree, but because I so definitively did agree. First, what struck me was that this major influencer, among our profession’s key stakeholders (CFOs and Controllers), was telling […]

accounting firms compensation

Yakking All the Way to the Bank

Interpret that headline as appropriate. It’s a slow day out there as many of you prolong the long weekend. To keep everyone awake, we figured it was a good time to revisit the compensation discussions that are still going on: Deloitte EY Grant Thornton BDO PwC KPMG remains the last major holdout. If you’re a […]

AICPA Trends Report Finds Enrollment in Master’s Programs, Hiring by CPA Firms Taking a Breather

The AICPA released its much anticipated 2017 Trends In the Supply of Accounting Graduates and the Demand for Public Accounting Recruits (“AICPA Trends” or “TSAGDPAR” for those of you who can’t resist an acronym) report today, and it shows two major developments: 1) A dropoff in enrollment for master’s in accounting programs; 2) Slower hiring […]

crowe horwath careers

Crowe Horwath Has More to Offer Than Wearing Jeans All Day

Last year, Crowe Horwath LLP broke all the rules with its mobility strategy launching its “What to Wear” and “Where to Work” initiatives. It was one of the first top ten accounting firms to allow its people to wear casual clothing any day of the week and allow its people to make decisions as to […]