Grant Thornton: Do Not Expect Higher Salary or Bonus This Year

Grant Thornton has some less than promising news for all professionals.

The firm surveyed 496 U.S. CFOs and senior comptrollers from March 22 through April 5, 2009, and found that 53% plan no salary changes in the next 6 months, while 32% plan to decrease and 15% plan to increase...

We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!

Grant Thornton Survey Indicates Optimism Returns to Pre-Recession Levels

A little under a month ago (May 14, 2009) we blogged about a number independently conducted recent surveys by the Big 4 firms as a gauge for the depth and breadth of the global economic crisis and any nascent signs of its ending...




We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!

Big4 Firm Surveys Uniformly Indicate Weak Sentiment, Some Recent Hope

We looked at some survey results from independently conducted surveys by the Big 4 firms in recent months as a gauge for the depth and breadth of the global economic crisis and any nascent signs of its ending...


We've moved. Click here to go to the full post at the new Big Four Blog at Big4.com!

Deloitte & Touche LLP Gets Pulled into Stock Option Accounting Mess

There is a raging scandal going on in how companies have issued options to senior executives. Apparently several companies have manipulated the date of granting options to a day when the stock price was the lowest for a certain period. So when the stock even goes up modestly from this level, the options become "in the money" and have a good chance of staying in the money due to their artificially low exercise price....


We’ve moved. Click here to go the full post at the new Big Four Blog at Big4.com!