In this episode we cover the logistics of quitting from the big 4 accounting firms. What does it actually mean to quit from the big 4?
How do you quit. We provide the best practices when quitting from PwC, EY, Deloitte and KPMG.
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What does a big 4 accountant do everyday? Audit, Tax and Consulting? Those are the practices of the big 4, but what do they actually do?
We'll be discussing what the big 4 job entails. We do this by breaking the big 4 job down into 3 key categories.
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Learn how blockchain will transform the tax and accounting industries in this episode.
Deloitte, PwC, KPMG and EY are all promoting blockchain, but what are some of the applications of how it will be used in the accounting industry.
We go over a few of our ideas such as tax compliance.
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Could what happened at Google happen at the big 4 accounting firms. Google faced a controversy saying that they do not have a diverse workforce. A rogue employee wrote a memo about how Google does not value diversity of thought. Could an employee at PwC, KPMG, EY or Deloitte write a similar memo about their firm?
In light of recent controversies around diversity, do you think Deloitte regrets getting rid of their diversity programs? We discussed Deloitte ditching their diversity programs in a previous podcast. Listen to that at http://big4accountingfirms.libsyn.com/deloitte-ditches-diversity
Additionally we go over some big 4 news around recent fines that KPMG and PwC faced in August 2017. KPMG had to pay $6 million related to their audit of Millery Energy. PwC had to pay 2 fines in August. One was to the PCAOB for a botched audit of Merrill Lynch. They also had to pay a record fine in the UK for their audit of RSM Tenon.
We also go over the best accounting farewell email ever.
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Make sure to visit our website for more details about the big 4 partnerships with Microsoft.
The big 4 accounting firms are beginning to deepen their relationships with Microsoft as Microsoft comes up with more unique data & analytics platforms. Additionally, the big four are more interested in these partnerships as their clients become more interested in data & analytics solutions. The two most recent partnerships with Microsoft occurred between EY and KPMG. The details are below.
EY Workplace Insights
EY workplace insights is a data and analytics platform that will allow companies to gain insights into their workforces.
KPMG Clara is a data and analytics solution that will be an add-on service for KPMG's audit clients.
Make sure to visit https://big4accountingfirms.com for more details about Deloitte and their diversity measures.
In today's podcast we'll be discussing Deloitte's recent move to get rid of their diversity affinity groups. Deloitte is in the news recently because they are calling the quits on existing diversity groups. These groups tried to give a voice to minority groups and help these minority groups get promoted. Unfortunately these groups did not work because most of Deloitte's leadership are still old white men. Additionally, millennials do not want to be labeled as belonging to a single group. In order to keep up with the times Deloitte is going back to the drawing board on diversity.
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