Comments on: Deloitte Double Talk

By: Some Light Reading « Numbermonger

Some Light Reading « Numbermonger — Sun, 10 Oct 2010 15:05:47 +0000

[...] longer audit, I still try to keep up with changes in the industry. This was the blog that broke the Deloitte layoff story in 2008 right before it [...]

By: Anonymous

Anonymous — Thu, 06 Aug 2009 00:17:04 +0000

Anyone watched Barry’s straight talk about the raise this year? As usual, well done Barry… He made the morale among the staff even lower… Why did this guy always come out and said something everyone already knew, and made it in a much worse way…

By: Anonymous

Anonymous — Thu, 06 Aug 2009 00:13:52 +0000

Makeing $30/week — not too unusual in the 60s. Time value of money accounts for that. What dues was he paying — sounds like a reasonably good salary for the times.

By: fm

fm — Wed, 05 Aug 2009 20:52:48 +0000

@Noah

The “positives” get reported by the firms themselves via their PR folks and reported in most mainstream media, recruiting events, their own websites. This is the rest of the story.
And no, I wouldn’t “milk the cow” to exhaustion under those circumstances. I didn’t when I was there. That’s a short-term, short-sighted , self-interested approach that serves no one but that individual well. Since the public accounting firms have a public duty, I expect much more.
Francine

By: Noah

Noah — Wed, 05 Aug 2009 20:45:47 +0000

Maybe I’m just naive, but aren’t there any positives to report about in accounting/auditing? This blog and goingconcern.com all seem to be focused on how badly the big 4 shit the bed, how rich the partners are at other’s expense, etc. What would you do if you were a partner? My dad made $30/week at a Big 4 firm in the 60s, wouldn’t you milk the cow to exhaustion if you had to pay those kind of dues?

By: re: The Auditors » Blog Archive » Hey Big 4! If I Were You, Here’s What I’d Do (Instead…)

Mon, 13 Apr 2009 21:37:31 +0000

[...] Even in the face of what I have called double dealing, incompetence, betrayal, and downright double-faced lies by the firms, the regulators and the universities, many still defend not only the firm leadership [...]

By: briandrake

briandrake — Sat, 24 Jan 2009 16:52:00 +0000

This single comment from an unknown source makes its credibility dubious at best. The dollar figure for the “average” partner is also ridiculous.

By: Anonymous

Anonymous — Fri, 25 Jul 2008 12:36:00 +0000

Many companies are outsourcing U.S. jobs overseas, but still charging their customers the same high dollar price for the goods and services. Congress stopped the corporate inversions and called it unamerican. Remember what they said about Stanley Tools? Nonetheless, companies just pursued another avenue. No wonder our economy is going to pieces.

By: Anonymous

Anonymous — Fri, 25 Jul 2008 03:04:00 +0000

Rumor is that Deloitte is laying off its tax staff. Someone saw an e-mail on the printer that was addressed to the partners. Deloitte has shipped most its compliance work to India, and most of the staff have nothing to do. Of course, the layoffs will be blamed on poor performance and take place after the tax filing deadlines.

By: Francine McKenna

Francine McKenna — Wed, 23 Jul 2008 18:05:00 +0000

Hi @Chicago Accountant, Check my Twitters for my comments today on this article.