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February 21, 2021 Advertise on Going Concern Search for: When accounting goes unaccounted for Latest Big 4 Deloitte E&Y KPMG PwC Salaries 2017 Compensation Report Tech CPA Exam Career Hiring Tracker during COVID-19 Layoff Tracker during COVID-19 Career Advice CPE Internships Jobs Partners Corner Open Items Archive Audit Careers Compensation CPA Exam Financial Reporting Firms Meta OCI Productivity Students Tax Menu Latest Friday Footnotes: Busy Season Vacay; PwC Fined; Bill Michael Was Right? | 2.19.21 New SOX In the U.K.? It’s (Probably) Coming Soon YSK: NASBA Is Still Exploring the Possibility of Remote CPA Exam Testing 3 Ways Accountants Can Get Awesome Results In the Value Pricing Era Those Who Know, Know BDO … Is Consistently Terrible At Auditing News February 19, 2021 0 -- Friday Footnotes: Busy Season Vacay; PwC Fined; Bill Michael Was Right? | 2.19.21 by Adrienne Gonzalez Black CPA Centennial celebrates first Black CPA [Journal of Accountancy] The first CPA law was passed in New York 1896. It would be another 25 years before a Black person joined the profession. The primary blockers that made licensure essentially impossible for many aspiring Black CPAs included education, experience, and exclusion. Art of Accounting: Work-life […] Audit February 19, 2021 0 -- New SOX In the U.K.? It’s (Probably) Coming Soon by Tim Ames CPA Exam February 18, 2021 0 -- YSK: NASBA Is Still Exploring the Possibility of Remote CPA Exam Testing by Adrienne Gonzalez Technology February 18, 2021 0 -- 3 Ways Accountants Can Get Awesome Results In the Value Pricing Era by GoingConcern BDO February 17, 2021 9 -- Those Who Know, Know BDO … Is Consistently Terrible At Auditing by Jason Bramwell Big 4 February 16, 2021 0 -- Vault Consulting 50: Somehow Deloitte Still Has Prestige On Its Side (2021) by Jason Bramwell KPMG February 16, 2021 20 -- Right or Wrong: Bill Michael Is No Longer KPMG U.K. Chairman Because He Didn’t Mollycoddle Millennials and Zoomers by Tim Ames CPA Exam February 15, 2021 0 -- The Not-So-Secret Way to Get an Elijah Watt Sells Award by Adrienne Gonzalez KPMG February 12, 2021 6 -- KPMG U.K. Chairman Makes Himself Scarce After Calling His Staff Whiny Little Bitches by Tim Ames Sponsored Resources New Book: “The Truth About Public Accounting” Learn the truths about public accounting the Big Four won’t tell you. Understand why the “Best Places to Work” surveys are misleading. Learn how to best navigate the audit and PCAOB mine field. Buy on Amazon Sponsored by Robert Conway, Author CPA Exam Sample Questions Preparing for the CPA Exam? Test your knowledge with Becker’s CPA Exam sample questions to see if you’re exam-day ready! Download Now Sponsored by Becker Job Posting Guide Get all the tips, how-tos, and best practices for writing accounting job postings guaranteed to attract top accounting talent. This is a must have guide. FREE Download Sponsored by Accountingfly Free: Resume Review With roughly six seconds to hold a recruiter’s attention, is your resume strong enough to stand out and land you an interview? Find out where you stand with TopResume’s free & confidential resume review. FREE Review Sponsored by TopResume Big 4 View more articles Big 4 February 16, 2021 0 -- Vault Consulting 50: Somehow Deloitte Still Has Prestige On Its Side (2021) by Jason Bramwell It was big news around these parts when we found out Deloitte Consulting was kicked off the Big 4 throne by EY-Parthenon in Vault’s most recent ranking of the 50 best consulting firms to work for. Deloitte had held down fourth place (No. 1 among the Big 4) for five consecutive years, so it was […] KPMG February 16, 2021 20 -- Right or Wrong: Bill Michael Is No Longer KPMG U.K. Chairman Because He Didn’t Mollycoddle Millennials and Zoomers by Tim Ames After a roller coaster of a week that ended with the fall of Bill Michael at KPMG, it is time to don the forensics hat to determine how it went horribly wrong. The Titanic may have hit an iceberg, but where did Michael trip over his didgeridoo? Michael the F-bomber: Ben Marlow, a business columnist […] KPMG February 12, 2021 6 -- KPMG U.K. Chairman Makes Himself Scarce After Calling His Staff Whiny Little Bitches by Tim Ames [UPDATE] Bill Michael quit today, according to the Financial Times and other U.K. outlets. “I am truly sorry that my words have caused hurt amongst my colleagues and for the impact the events of this week have had on them,” Michael said in a statement on Friday. “In light of that, I regard my position […] E&Y February 11, 2021 22 -- Layoff Watch ’21: EY Gave Client Technology Staffers a Parting Gift As They Were Being Kicked to the Curb by Jason Bramwell Before we recently learned what was happening behind the scenes with workplace services staff and on-site technology support employees at EY, we got tipped off from someone in client technology that his/her and others’ jobs were being eliminated or offshored. After a couple of weeks of not hearing anything else about what was going on […] Technology View more articles 3 Ways Accountants Can Get Awesome Results In the Value Pricing Era February 18, 2021 Weekend Read: Is Your ‘Bedtime Procrastination’ Ruining What Little Free Time You Have? February 6, 2021 Need to Take a Dump But Stuck In a Zoom Call? There’s An App For That January 7, 2021 If Your Password Is ‘123456,’ You Are Dumb and Lazy December 28, 2020 Happy Birthday, Microsoft Excel! October 2, 2020 This ‘Almost-Rockstar’-Developed 10-key Is the Best Thing to Happen to Accounting Since Microsoft Excel August 14, 2020 Miserable and Burned Out? It Might Be the Zoom Meetings July 31, 2020 Get Your Mind Out of the Data with Modern Analytics (So Your Accounting or Finance Career Can Take Off) July 17, 2020 Industry View more articles Financial Reporting August 19, 2019 2 -- Leslie Seidman Wants Everyone to Know That GE’s Financials Are A-OK by Jason Bramwell Remember Leslie Seidman, the former chairman of the FASB? Well, she is now, among other things, a member of General Electric’s board of directors and chairman of its audit committee. She made an appearance on CNBC on Aug. 15 to comment on the report from Madoff whistleblower and forensic accountant Harry Markopolos that accuses GE […] Industry August 13, 2019 0 -- Layoff Watch ’19: Outsourcing Dooms Accountants at UPS In Texas by Jason Bramwell The Dallas Morning News reported today that UPS is eliminating 64 accounting jobs at its facility in Coppell, TX. The reason? Outsourcing, of course. A UPS spokesperson told the newspaper that the package delivery company is outsourcing transactional finance and accounting work in order to let employees “do more strategic work that can make a greater […] Firms View more articles BDO February 17, 2021 9 -- Those Who Know, Know BDO … Is Consistently Terrible At Auditing by Jason Bramwell Here’s a number of the day for ya: 50.7%. That is the average failure rate of BDO USA audits in PCAOB inspection reports from 2010 to its most recent 2019 report, in which PCAOB inspectors found significant errors in 42% of audits reviewed. Public accounting firms that have been historically bad at auditing, like Grant […] Career Center View more articles PCAOB February 5, 2021 0 -- The Truth About Public Accounting, Part II: PCAOB Inspection Hysteria — How to Fix It by Robert Conway While there is a consensus that the PCAOB’s existence has improved audit quality, it is also clear that the PCAOB has contributed an unhealthy level of hysteria to the auditing profession. That hysteria has led some professionals to make horrible choices (as seen in the KPMG inspection selection leak scandal). That hysteria has also driven […] Here’s the Sign You’ve Been Waiting For From the Universe January 20, 2021 Protip: Moving Soon? You Might Want to Hide Your ZIP Code From HR January 19, 2021 Nearly a Third of Workers Say They’d Quit Before Returning to the Office When All This Is Over January 15, 2021 The Truth About Public Accounting, Part I: How...