Entries from June 2007 ↓

Forced ranking at accounting firms?

June 29th, 2007 · 4 Comments

Francine dishes on forced ranking at GE and the Big Four: That is, compared to their peers, they don’t have the right stuff right now and their perfor­mance, although fine, is not as fine as the other 90%. So, with a poor rating instead of a positive rating, your choices are slim. No raise, no […]

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Category: Profession
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BDO Seidman using SugarCRM to manage office network">BDO Seidman using SugarCRM to manage office network

June 24th, 2007 · No Comments

Kind of old news (it’s from January last year) but BDO Seidman has imple­mented commercial open source software to manage their nationwide network of member firms. Open source software is software whose under­lying source code is openly available and is usually licensed under the GNU GPL. What I like about open source is that the […]

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Category: Technology
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IT risks should be a focus">Audit committees recognize IT risks should be a focus

June 24th, 2007 · 2 Comments

Dan Meyer at Tick Marks has brought my attention to a KPMG survey that reports audit committees are becoming more concerned about IT risks on financial reporting. 90% believed that IT oversight deserved more time at audit committee meetings. By constrast, 80% of committee members were satisfied with audit committee oversight of management judgments and […]

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Category: Governance
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Reflections on the week just past

June 23rd, 2007 · 2 Comments

This past week has been an inter­esting one. I’m at a client for the third year now. This is the first time that’s happened, which makes sense since I just began the third year of work after gradu­ating. Some reflec­tions on the milestone: The first year I was green. I had about a week of […]

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Category: Auditing
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CA?">When will I be a CA?

June 23rd, 2007 · 4 Comments

I recently passed the 2-year mark working in public accounting since gradu­ating without doing any co-op terms. I started work at the beginning of May 2005, so through the end of June I will have 26 months experience, less the approx­i­mately 2 months I took off last summer to attend the SOA and study and […]

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Category: Profession
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