@Going_Concern “I Pity The Fool: Partners Are Being Cut, Too”
By Francine • Nov 4th, 2009 • Category: Pure Content, Writing for OthersIt’s not often that I feel sorry for the firms, especially their partners. But go take a look at my latest @Going_Concern post. I do the best I can under the circumstances.
“Firms should grow, especially if that means serving clients (in particular multinational clients) better. But I, for one, believe in the theory, “Small is beautiful.” What’s been lost are strong incentives for quality, technical knowledge, and mentoring staff. That’s what makes a good auditor and what fulfills their public duty to protect shareholders.
Most partners are glorified staff, with no authority or influence over their business, strategy, or staff. They’re valued only for the ability to put deals together, as a team player…”
More of the post here.
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Francine McKenna (@retheauditors) has more than twenty years of experience in consulting and professional services environment including tenure both in the US and abroad at PwC, KPMG/BearingPoint, JP Morgan and Jefferson Wells/Manpower. She is a freelance writer and a frequent speaker in and out of the accounting/audit world. For more info, check my About page.
True! Informative and professional advice as required in a proactive manner at appropriate times allows the client to make well-informed decisions. I have sought help from various auditing firms but it is only in Varrasso Accounting that I have felt empowered as a client.
Thanks!
Roland