Big 6 accounting firms call for changes

The Big Four audit firms – Deloitte, Ernst & Young, PricewaterhouseCoopers, and KPMG – along with the number five and six firms – BDO and Grant Thornton – have joined forces to call for significant changes to the way public companies report their results. They propose businesses report realtime financial data via the Internet, ratherContinue reading “Big 6 accounting firms call for changes”

That quaint value pricing fad

It’s all the rage these days on accounting blogs – value-based pricing. You’ll see it everywhere, hip accountants (Who’s a hipper accountant than one who blogs? One who blogs about value pricing!) posting missives decrying the historical basis of hourly billing and extolling the virtues of pricing based on value. What value pricing means toContinue reading “That quaint value pricing fad”

The [professional services] sky is falling!

If you’re into this sort of thing, you have probably noticed that about 95% of accounting related blogs are focused on the impending death of professional services firms, because of course all PS firms have lost the plot and have ceased to be useful to business. I can’t even link to all of the accountingContinue reading “The [professional services] sky is falling!”