December 11, 2018

downward facing dog

Bonus Watch ’11: Deloitte Gives Up PowerPoint Presentations After Stellar Going Concern Reporting UPDATE: Audit Practice Didn’t Get the Memo

This just in from the Deloitte FAS comp call that is apparently going down circa now:

7% AIP pool. No slides with details b/c it ends up on GC. Talking about PwC right now.


What, exactly, is being said about P. Dubs is not immediately known but I’m guessing it has something to do with the fact that they’re obviously vulnerable in the Tampa market but actually it’s more like simple trash talk, according to our source:

[PwC] made draconian cuts during the recession. They are making up for it now. They suck, D&T rules. [FAS CEO] David Williams is stressing total comp., not just base salary throughout the call. Base comp is targeted at 50% of the comp survey range.

[PS -] He loves to use the word “granular” as much as possible.

Unrelated sidenote: David Williams’ favorite hobby, according to his firm profile, is yoga.

Of course you’re on the call and have other details you wish to share, you can elaborate below.

Earlier:
Comp Watch ‘11: Deloitte’s New Structure Is Taking Shape

UPDATE:
A little comparison for AIP and merit increases for the opiners appears on the following pages.

What Would You Ask the AICPA About the New CPA Exam?

Lucky me, I’ll be speaking with the AICPA about the successful launch of CBT-e as well as grilling them about the new format, their motivation behind the change, and all this nonsense about changing the passing score from 75.

Because you guys are the ones taking the exam and I’m just the one writing about it, I figured it would be appropriate to give you all the opportunity to weigh in on what I should ask. I swear I’m not being lazy as I have plenty of my own questions to ask but thought it might be nice for all of you with questions to have the chance to get them answered directly from the source.

You’re welcome to put your suggestions in the comments or, if you’re embarrassed because your question also makes you look like a big fat failure, please feel free to email me and I promise I’ll guard your identity like Caleb guards his yoga mat.