June 24, 2018

Women

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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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The Number of Female Audit Partners Is Terrible

A new study shows that women are drastically underrepresented as audit firm partners, averaging only around 16 percent for audit partners with U.S. audit clients. In some cities such as Washington, D.C. and San Jose, California, the percentage of female partners was around 10 percent. Yikes. The Big 4 firms performed a little better than […]

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 […]

Reminder: Accounting Firms Hire Lots of Women, Few of Them Become Partners

Here's a tweet from the AICPA Spring Council: #AICPAGC16 pic.twitter.com/jEORHCs8FZ — Pittelkow (@pittelkow) May 17, 2016 It's pretty remarkable that more than 55% of the recruits in 2000 were women. And I think it's equally remarkable that 15 years later, the number of women partner went down. And don't forget, even fewer of those women […]

Study: Women Even Less Willing to Put Up With Crappy Pay Than Men

Partners at accounting firms probably have a hunch about why women don't stick around, but that hunch is probably wrong: A recent global ICEDR study revealed that leaders believe that the majority of women around the age of 30 leave because they are struggling to balance work and life or planning to have children, whereas […]

Here’s Another Lousy Stat on the Number of Women Partners in Accounting Firms

In case you needed another crummy datapoint to help illustrate the gender disparity at the partner level in the accounting profession, this finding from the AICPA's Women’s Initiatives Executive Committee CPA Firm Gender Survey should do the trick: Many firms have non-equity partner tracks that don’t include ownership in the practice. The WIEC survey found […]

CohnReznick’s Golf Event Won’t Solve Gender Inequality

Last month, top 10 CPA firm CohnReznick hosted a golfing event for women executives. The idea was “to get [women] more accustomed to a common way to do business among generations of male executives.” Because so much business in professional services takes place on the golf course, our goal is to get more women exposed […]

Plante Moran Managing Partner: Accounting Profession Is Losing Too Much Talent

Gordon Krater, managing partner of Plante Moran, said something pret-tay, pret-tay, pret-tay interesting about the state of the accounting profession in this Detroit Free Press interview:  "We can't afford to lose as much talent as the profession has been losing," Krater, 56, said during an interview in the firm's downtown Detroit offices. "There are really […]

EY Would Like to See Fewer Old White Guys at Davos Talking About Diversity

The World Economic Forum saw a “controversial” drop in female attendees last year, and hopes a participation rate of 17% for women this year might make up for that. Coincidentally, a CNBC report on this threw in a dig from EY on the overall attitude toward women and what they are doing about it:

Study: Women Achieve Less Career Success Not For Lack of Leaning In

As any old white guy heading up a diversity and inclusion panel will tell you, women at the upper ranks of the accounting profession are in short supply. You don't need an old white guy to tell you this, however, as it is clearly laid out in the AICPA Trends in Supply and Demand report. […]