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Why No One’s Going Into Accounting
Business

Why No One’s Going Into Accounting

Listen to article (2 minutes) An accounting career, once a launchpad into the upper middle class for hundreds of thousands of Americans, is no longer

For Once, Rookie Consultants Don't Have Much to Do
Business

For Once, Rookie Consultants Don't Have Much to Do

With few clients, some young workaholics are spending their workdays watching Netflix. They’re still getting paid. Source link

New Definition of 'Fraud' Wipes Out High-Profile Prosecutions
Business

New Definition of 'Fraud' Wipes Out High-Profile Prosecutions

Fraud doesn’t mean what it used to—and several high-profile federal prosecutions are falling apart as courts apply the Supreme Court’s more-narrow legal definition. Source link

The Horrible Performance Review That Set Him on the Road to CEO
Business

The Horrible Performance Review That Set Him on the Road to CEO

John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But first, he had to get

The Rise and Fall of the Chief Diversity Officer
Business

The Rise and Fall of the Chief Diversity Officer

“Everything is a battle.” Diversity executives hit the exits as company priorities shift. Source link

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal
Business

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal

Professional-services giants are facing the consequences of aggressive hiring over the past two years, coupled with less attrition than they expected. Source link

Major banks rebuff FX price fixing claims
Finances

Clear Street enters futures market via acquisition of React Consulting Services

Clear Street, a New York-based independent prime broker, today announced that it intends to enter the futures clearing market with the acquisition of React Consulting

KPMG Plans $2 Billion Investment in AI, Cloud Services
Business

KPMG Plans $2 Billion Investment in AI, Cloud Services

An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.

McKinsey, Bain Delay Some M.B.A. Start Dates to 2024
Business

McKinsey, Bain Delay Some M.B.A. Start Dates to 2024

Management Managing Your Career Top consulting firms say job offers are secure, but start dates are getting pushed back; EY cuts 3,000 workers in the