crazy ideas

Labeling Big 4 as Systemically Important Would Only Confuse Their Sense of Importance

Way back in 2008, a small hiccup in the United States financial system brought upon by an even smaller hiccup in the U.S. housing market led to the mild threat of the collapse of the world economy.

Accounting Firms Allowing Side Gigs: Good Idea or Independence Mine Field?

These days, you hear more and more about people juggling multiple projects at once. You know, a day job, the moonlighting gig, a passion project, the "I was just fucking around and it became a thing"1 thing, among others.  You would think that accounting firms, known for working people so hard that it renders them […]

Should More Accounting Firms Use ‘Blind’ Methods to Improve Their Diversity?

I like the idea of blind recruiting that this WSJ story discusses. Not knowing a person’s name or alma mater forces “hiring managers [to] form opinions based only on that person’s work,” therefore reducing the likelihood of nepotism, favoritism, racism, basically any negative -ism you can think of. This results in, you guessed it “more […]

Could Having a ‘Pro-CPA Culture’ Backfire on Accounting Firms Desperate for Talent?

Back in October, we discussed whether the CPA exam would ever become an optional within CPA firms. The reason the topic even came up was due to the fact that while the number of accounting students continues to increase, the number sitting for the CPA exam hasn't kept up, either declining in some years or staying flat.

Accounting Firms Should Get Rid of Managers

Hey look, no one wants to be a manager. That's not too surprising. Managing is a thankless job. Just ask any manager. It's why when we think of managers we think about Lumberg from Office Space. People still want to be promoted, naturally, but it is kinda silly to promote someone to a job they […]

Lifehacker Makes the Crazy Suggestion Salaried Workers Should Calculate Their Hourly Wage

My fellow salaried workers, take a moment to read this: In a (very good) Quora post, [film producer Christopher] Pollock lists 10 lessons everyone should know about personal finance. They're all great, and many are lessons we've talked about before—but this one caught our eye: "Your hourly earnings are important. Your annual earnings are not. […]