Accounting Services 

Opinion: It’s the AICPA’s Own Fault No One Wants to Be a CPA Anymore

[Ed. note: we received the following in response to my newsletter column dated September 14, 2021. In the column, I referenced the 2019 AICPA Trends report, which stated that non-accounting majors made up 31% of all firm new hires at that time. The reader comment is published here with permission from its author who wishes to remain anonymous. We are sharing it with you in order to facilitate the ongoing discussion about low candidate numbers and the long-term value and viability of the CPA credential.] Going Concern: Some 20 years…

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Accounting Newsletter 

Compensation Watch ’21: Deloitte Puts Mid-Year Raises On the Table

If you follow TheBig4Accountant on Instagram, you might have seen this included with TB4A’s Instagram Stories yesterday: That is what Deloitte & Touche Chair and CEO Lara Abrash told Deloitters in audit and assurance during an all-hands call on Thursday morning. This was also confirmed in posts on Fishbowl and Reddit. It was also noted on Reddit that Abrash said Deloitte employees will get “a ‘large increase’ to our wellbeing benefit and another stipend for virtual WFH accessories to be spent at a Deloitte storefront. And an extra holiday around…

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Accounting Services 

Friday Footnotes: PwC Has an Evergrande Problem; Too Hard to Be a CPA; Big 4 Rot | 9.24.21

China Evergrande Auditor Gave Clean Bill of Health Despite Debt [Wall Street Journal] Last year as China Evergrande Group’s stock and bond prices seesawed, it offered deep discounts to keep sales growing during the pandemic and the government effectively said it had borrowed too much. Yet the property developer’s auditor [PwC] gave it a clean bill of health in an annual report issued this spring. Deloitte Launches the Deloitte AI Academy to Advance Artificial Intelligence Proficiency for Business and Society [PR Newswire] Deloitte today announced the launch of the Deloitte…

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Accounting Services 

PwC Just Announced That You Never Have To Go Back To the Office If You Don’t Want To (Sorta)

Big news today! PwC just announced that effective November 1, its people will need to be fully vaccinated against COVID-19 in order to access PwC facilities and client sites. Deloitte announced a similar vaccination policy toward the end of August, as did KPMG, just a handful of days before President Biden announced the country’s own vaccine mandate. Unlike Deloitte and KPMG, however, PwC is taking the completely unaccounting-like step to offer full, permanent work-from-home for those who would prefer to do so. Making that the even bigger news here than…

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