The public accounting model is almost irretrievably broken at this point.

More scandals will hit, further devastating the profession.

All we can do is wait.

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Thanks for the opinion I guess

like

It affects the entire profession. Notice how you didn’t disagree either.

and a slap on the wrist fee will be paid again, and you will continue to bill hours as usual indefinitely. the circle of life

likefunnyuplifting
Recent IconRecent

You know what would make for a better post..if you elaborated on what you believe is broken. Then a discussion could occur

likeupliftinghelpful

AM 1: I consistently hear the offshore teams perform worse than the onshore teams, at least at EY.

like

It’s a regulatory profession. There’s always going to be scandals. That’s what allows us to charge what we do.

like

I’ve said this since the middle of my first busy season. The only thing that will change PA will be another Enron level collapse. It’s coming. Time is ticking.

like

So which EY client should I be shorting then?

likefunny

👀

Ah, you’re one of those “team players” that presents a problem without a solution. Got it. Probably part of the issue 😂

like

It can be implemented - just not easily.

Changing a $500B a year (or whatever it is) industry will arguably never be easy.

I’ll never forget the partner that opened my eyes by saying that PA is just a pyramid Ponzi scheme.
Times ticking.

like

I’d be curious to hear more about his reasoning if you’re so inclined. :)

My dude, Leonard Spacek was warning about that 60-70 years ago. Nothing new.

funny

If it is broken, and I don’t believe it is, then how does OP propose it gets fixed?

like

anyone hiring?

Related Posts

Anyone work for Uber? Thoughts on culture, benefits, etc..?

like

Hi guys,

I got an offer from Deloitte for the Salesforce developer role. Can someone share about the work life balance and job security in Deloitte.

So many Hatch Act violations at the RNC, but that's just a drop in the bucket of Trump's ethical transgressions.

Post Photo
like

Damn I miss my life before the pandemics (the home office part can stay, though).

like

Hi all, I have an offer of 12lpa from tiger, however the other offer that I hold is 13 (11 fixed and 2 variable). Would it be wise to ask for a counter offer? (4 yoe)

like

Hello all, I have received an offer from tiger Analytics for Data Scientist role. Kindly suggest if I should join the company in the recent events of layoffs and recession?

like

Hello fishes. What do you think is the average yoe times salary for Data Scientist roles. I am asking for people with less than 6-7 years experience.

like

I have applied to many jobs these past 3 months. Any tips or suggestions would help to improve my resume. I also want to transition to product design, but zero entry level product design jobs available.

Post Photo
like

Hi , wanted to get some feedback on following position offer in New Jersey area
Senior Manager for pricing startegy
I have 4 and half years of related experience,Masters degree
Base salary offer at 150k, 21% SPI and 10% LTI
How much room I have for negotiation, whats the fair market rate for this level?

like

Hello My real friends,

Hope everyone is doing good How much will be in hand salary any idea.

Accenture Amazon Accenture India Boston Consulting Group Cognizant CGI Dell Deloitte Dassault Systemes EY Fidelity Investments HCL Technologies HCL Technologies Wipro Wipro limted Wipfli LLP Tata Consultancy Infosys Newco

Post Photo
like

Do Wipro have holiday on 11 and 19?Wipro

I have an offer from Wipro for apple account as Lead Engineer (Site Reliability Engineer). Can anyone tell me how the project is for apple account? Does they have on-site opportunities for Wipro emplo… more

like

LTI is Hiring for below Cloud /DevOps - BU Positions !!

Interested plz DM with job codes and email id to apply

**Immediate to 30 days joiners will be preferred**

Post Photo

Potential client owns an e-commerce website selling graphic design posters (think college type posters) submitted by a freelance artists. Most of sales are from posters based off of celebrity musicians. Does client need a license from the celebrities to sell graphic posters of the celebrities even though it is from freelance artists?

Now that it’s officially peach season. Best peach things (fresh peaches, peach drinks, etc.) and where to find them in ATL?

like

Any Marsh fish willing to refer? I can provide more details in DM. Thanks!!!

like

Just got a new blanket... and she has marked her territory!

Post Photo
likeuplifting

Hi All,
I recived mail from Deloitte USI HR requesting my last 3 months pay slips and filled CTC data sheet and Aadhar, PAN. Does this mean i got through or selected ? I didn't recieve any formal communication whether i am selected or not.

like

Additional Posts in Accounting

Passed the CIA. 🍾 I'm rolling deep in the letters... CPA, CFE too. What should I do next?

like

How is the wlb and culture for awm PwC audit? Ive heard awm tax is a sweatshop. Is it the same for audit department?

like

Just heard EY is about to make more layoffs in audit too

like

When everyone had filed and out drinking while you are in bed preparing to go into work on a Saturday. Yay for large private clients with April deadlines. 😞

like

Anyone here work with American Cancer Society? How is it?

likesmart

Exit ops between general FAAS and TAAG?

like

Has anyone ever turned in your 2 week notice, leadership said they would make things happen for you, so you stayed, and then they didn’t do anything about it? Or what has your experience been

like

To the person who pisses all over the seat of the private bathroom: we know it's you. Cut it out.

like

At what point do you folks just give up on working through an excel problem? I swear I could have saved time adding everything individually, but it would be a blow to my excel ego.

like

Best tips to manage another person that's on the same level as you, but knows everything about the client and you don't - since you are the new guy.

like

I'll probably get shit for this. But please explain to me the purpose of letting women off the elevator first. Half of the time it's ridiculously inconvenient.

like

I want to break my lease. Do you think it will be hard to find someone to take over the lease with all that is going on?

like
likefunny

Are private companies easier to work at than public companies in accounting? We have such an accelerated close deadline at the publicly traded company I’m at now, I really hate the inflexible tight deadlines and analysis seems to drag on forever after that. We also close AP/AR very early in the month yet that doesn’t stop payments/receipts from happening so we’re constantly adjusting our accruals until the end of month. Do private companies start their close after the month actually ends?

like

Is it bad to put in two weeks notice next week knowing my last day will be first week of jan and one of the two weeks is within the firm’s holiday break?

like
like

Does anyone know the billable hours goal for managers at EY?

likehelpfulfunny

Hey guys!!! I have an interview with BDO for an audit role in the DC area. Any suggestions/ advice/ things to work on specifically? Wish me luck!

like

Ladies, are gifts important to you?

like
like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal