Comments on: The Big 4 – The World Is Too Much With Them http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/ The Business of the Big 4 Audit Firms Thu, 24 May 2012 01:48:07 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: re: The Auditors » Blog Archive » PwC Global Board: “Risk And Quality Top Priorities” http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-6655 re: The Auditors » Blog Archive » PwC Global Board: “Risk And Quality Top Priorities” Wed, 01 Jul 2009 00:51:33 +0000 http://76.12.174.187/?p=875#comment-6655 [...] term viability? I for one can’t wait to see how PwC spins this one. Jennifer Hughes wrote on the Op-Ed page of the Financial Times in January: “It makes sense that they want to have a brand just like IBM or Mercedes. But when [...] [...] term viability? I for one can’t wait to see how PwC spins this one. Jennifer Hughes wrote on the Op-Ed page of the Financial Times in January: “It makes sense that they want to have a brand just like IBM or Mercedes. But when [...]

]]> By: Robert Cohn http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-3171 Robert Cohn Fri, 27 Mar 2009 11:41:04 +0000 http://76.12.174.187/?p=875#comment-3171 @WatchYourBackJack BAP is Beta Alpha Psi. It's where nerdy accounting students get together and think they are so smart because they have a high GPA. Unfortunately I had to be in it so I would have some sort of school activity on my resume back in the day. I suppose going to any recruiting event at a school and cause drama would be fun. Here is a link http://www.cba.ua.edu/accounting/bap/beta-alpha-psi-spring-2009-calendar for one school. Interesting because EY and KPMG aren't on the schedule. And I think Alabama is a pretty good school. Looks like Deloitte already came though. But still, it would be humorous. Google search: beta alpha psi + your local university name. @WatchYourBackJack

BAP is Beta Alpha Psi. It’s where nerdy accounting students get together and think they are so smart because they have a high GPA. Unfortunately I had to be in it so I would have some sort of school activity on my resume back in the day.

I suppose going to any recruiting event at a school and cause drama would be fun.

Here is a link http://www.cba.ua.edu/accounting/bap/beta-alpha-psi-spring-2009-calendar for one school. Interesting because EY and KPMG aren’t on the schedule. And I think Alabama is a pretty good school.

Looks like Deloitte already came though. But still, it would be humorous.

Google search: beta alpha psi + your local university name.

]]> By: @bob http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-3164 @bob Fri, 27 Mar 2009 00:47:43 +0000 http://76.12.174.187/?p=875#comment-3164 Sorry, but whats a BAP meeting? Is deloitte still laying off? Man, what difference will 750k and 800k make? When will these partners stop being greedy? Lay off those partners than kill the geese that lay the golden eggs... - WatchYourBackJack Sorry, but whats a BAP meeting?

Is deloitte still laying off? Man, what difference will 750k and 800k make? When will these partners stop being greedy? Lay off those partners than kill the geese that lay the golden eggs…

- WatchYourBackJack

]]> By: @ Former KMPG http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-3136 @ Former KMPG Thu, 26 Mar 2009 16:12:08 +0000 http://76.12.174.187/?p=875#comment-3136 OK. I am getting evil on these posts so I am going to start unsing a name: Robert Cohn. However, to get back on topic, laid off after seven months - I think everyone who gets laid off should attend BAP meetings of their respective firms and ask questions and put the people in uncomfortable situations. Give a list of all the lawsuits FS listed on another post - ask the status. On and on and on. -Bob OK. I am getting evil on these posts so I am going to start unsing a name: Robert Cohn. However, to get back on topic, laid off after seven months – I think everyone who gets laid off should attend BAP meetings of their respective firms and ask questions and put the people in uncomfortable situations. Give a list of all the lawsuits FS listed on another post – ask the status. On and on and on.

-Bob

]]> By: Former KPMG http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-3134 Former KPMG Thu, 26 Mar 2009 15:19:10 +0000 http://76.12.174.187/?p=875#comment-3134 I worked for KPMG until last week, when me and 500 others across the country were laid off. However, they have no plans to slow recruiting. Five new hires will start in my old ( very small) office in the fall, as well as five summer interns, who are paid exorbitant hourly rates (meaning exhorbitant overtime). It seems that these big four companies want to appear to the world and the colleges from which they recruit that they are doing well and thriving. However, as Ihad been recruited out of college and had only been there 7 months, it appears they don't really care what happens afterwards. Upon talking to other big four firms, I was told they had done their recruiting/hiring through 2010. I worked for KPMG until last week, when me and 500 others across the country were laid off. However, they have no plans to slow recruiting. Five new hires will start in my old ( very small) office in the fall, as well as five summer interns, who are paid exorbitant hourly rates (meaning exhorbitant overtime). It seems that these big four companies want to appear to the world and the colleges from which they recruit that they are doing well and thriving. However, as Ihad been recruited out of college and had only been there 7 months, it appears they don’t really care what happens afterwards. Upon talking to other big four firms, I was told they had done their recruiting/hiring through 2010.

]]> By: re: The Auditors » Blog Archive » PricewaterhouseCoopers Case Is A Game Changer http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-2820 re: The Auditors » Blog Archive » PricewaterhouseCoopers Case Is A Game Changer Thu, 19 Mar 2009 17:53:12 +0000 http://76.12.174.187/?p=875#comment-2820 [...] I’m not talking about the BDO International case or the Deloitte Parmalat case, although those two are game changers also.  In those cases, the audit firms may lose their [...] [...] I’m not talking about the BDO International case or the Deloitte Parmalat case, although those two are game changers also.  In those cases, the audit firms may lose their [...]

]]> By: Bobwithaccountemps http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-2396 Bobwithaccountemps Tue, 10 Mar 2009 14:46:40 +0000 http://76.12.174.187/?p=875#comment-2396 Here is a nice link to a sorta bio on the CTO of PwC ... http://www.hcso.tampa.fl.us/pub/default.asp?/Online/qdisp/bn=05046413 kinda says it all about leadership. Here is a nice link to a sorta bio on the CTO of PwC …

http://www.hcso.tampa.fl.us/pub/default.asp?/Online/qdisp/bn=05046413

kinda says it all about leadership.

]]> By: re: The Auditors » Blog Archive » Upcoming Webcast of Interest http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-2079 re: The Auditors » Blog Archive » Upcoming Webcast of Interest Thu, 19 Feb 2009 21:25:11 +0000 http://76.12.174.187/?p=875#comment-2079 [...] in the Financial Crisis” featuring two of the top lawyers in the securities litigation field. Stuart Grant of Grant & Eisenhofer P.A. and Michael Young of Willkie Farr & Gallagher LLP will [...] [...] in the Financial Crisis” featuring two of the top lawyers in the securities litigation field. Stuart Grant of Grant & Eisenhofer P.A. and Michael Young of Willkie Farr & Gallagher LLP will [...]

]]> By: Anonymous http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-1993 Anonymous Sun, 08 Feb 2009 01:07:00 +0000 http://76.12.174.187/?p=875#comment-1993 12:45 pm - significant deloitte layoffs in the next few weeks. unless eco turns, other waves to follow in april and fiscal year end. partners and directors are at risk too. 12:45 pm – significant deloitte layoffs in the next few weeks. unless eco turns, other waves to follow in april and fiscal year end. partners and directors are at risk too.

]]> By: Francine McKenna http://retheauditors.com/2009/01/29/the-big-4-the-world-is-too-much-with-them-2/comment-page-1/#comment-1969 Francine McKenna Wed, 04 Feb 2009 01:29:00 +0000 http://76.12.174.187/?p=875#comment-1969 @Chicago Accountant It's not so much whether there "is" actual control but whether the international firms have given regulators and clients the impression they can, will, and desire to control things like risk and quality across their member firms and whether clients and regulators have a reasonable expectation that they should. That may not be the "law" but it is what a jury will consider. Let's see what a jury thinks if this goes to trial rather than settles (and what happens n the similar case with BDO International that will go to trial sooner and not be settled.) @Chicago Accountant It’s not so much whether there “is” actual control but whether the international firms have given regulators and clients the impression they can, will, and desire to control things like risk and quality across their member firms and whether clients and regulators have a reasonable expectation that they should. That may not be the “law” but it is what a jury will consider. Let’s see what a jury thinks if this goes to trial rather than settles (and what happens n the similar case with BDO International that will go to trial sooner and not be settled.)

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