When accounting goes unaccounted for
“Could Ernst & Young have done a better job? Maybe, but claiming they could have done a better job doesn’t necessarily make them liable. Even the best of auditors can be fooled.”
~ Anthony Sabino, professor of law and business at St. John’s University
M. Dubs broke his Twitter cherry on a Saturday: My congratulations to @hamdiulukaya CEO of […]
The firm that wouldn’t be named adds the Philadelphia-based company to the advisory business.
“The acquisition of ISA Consulting is part of a broader strategy to expand Ernst & Young’s already strong presence in the performance management and analytics market,” said Bob Patton, Americas Advisory Services Leader, Ernst & Young LLP. “ISA Consulting’s reputation for quality service and integrity, as well as the experience of their team, makes them a great cultural fit with Ernst & Young.” Just don’t get mixed up with those auditors. [PRN]
From the mailbag:
Happened to be sitting behind someone on my NYC commute this week who was reading a deck (in font large enough for me to read) on EY’s salary ranges etc. Didn’t see any $ numbers and most was hard to see without context or the full page but I did see this:
(I don’t know ey terms – apr = annual performance rating?)
APR 3 4 5 S. Mgr 1% 2% 3% Mgr 2% 3% 4%
Our tipster stated that the percentages were supposed to represent “minimum raise.” Hard what to make of this as rumors have been all over the board from “They told us not to have very high expectations,” to ” Per my discussions with an Office Managing Partner and a National Practice Leader …. raises should be close to (if not the same) as prior year.” But considering there’s an expensive legal battle on the horizon, maybe this isn’t so crazy? Discuss.