Accounting Advices 

How Are Public Accounting Salaries Stacking Up For 2022?

Robert Half finally released its 2022 Accounting & Finance Salary Guide late last week, and the good news is starting salaries in public accounting are expected to increase by more than 1% next year, unlike in Bob’s salary projections for 2021. Of the five positions each under “tax services” and “audit/assurance services” in the 2021 salary guide, not a single one had a starting salary that was projected to increase by 1%. The largest increase was only 0.66% for staff with under one year of experience in both tax and…

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Accounting Newsletter 

Compensation Watch ’21: Deloitte Puts Mid-Year Raises On the Table (Updated with Email From Deloitte CEO)

Thanks to a tipster, the following is an email Deloitte CEO Joe Ucuzoglu sent the troops this morning regarding the firm’s well-being subsidy, an additional holiday before Thanksgiving, reimbursing commuting costs, and, most importantly, mid-year salary increases: US Colleagues, We each value being at Deloitte for many different reasons—to build long lasting connections with colleagues, grow continuously in our careers, make an impact that matters on challenging issues for clients and society, and to become the true and best version of ourselves. Whatever the reason, and no matter how long…

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Accounting Services 

Grant Thornton Let Off the Hook Big Time By UK’s Audit Cops

Back in August 2018, Grant Thornton UK was given a £4 million fine by the Financial Reporting Council (reduced to £3 million after a settlement discount) for a then-partner’s conflict of interest in serving on the audit committees of two audit clients, in addition to “widespread and serious inadequacies in the control environment in Grant Thornton’s Manchester office … as well as firmwide deficiencies in policies and procedures relating to retiring partners.” The Evening Standard reported at the time that GT’s fine was the largest given to a non-Big 4…

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