{"id":115893,"date":"2025-02-28T20:41:40","date_gmt":"2025-02-28T20:41:40","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/so-kpmg-is-a-law-firm-now\/"},"modified":"2025-02-28T20:41:40","modified_gmt":"2025-02-28T20:41:40","slug":"so-kpmg-is-a-law-firm-now","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=115893","title":{"rendered":"So, KPMG Is a Law Firm Now"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>While the timing seems early (Klynveld is on a 9\/30 FYE), there has been a lot of chatter about the announcement of this year\u2019s class of new managers happening this week.  <\/p>\n<p>From a Tim Flynn foot soldier close to the situation:<\/p>\n<blockquote>\n<p>Heard on Monday that national was supposed to communicate yesterday or today, with communication to us this week.<\/p>\n<\/blockquote>\n<p><!--more--><br \/>And as you might imagine, there is some anxiety out there:<\/p>\n<blockquote>\n<p>I\u2019ll tell you one thing, the SA3s that don\u2019t get promoted, they better get a ridiculous compensation package at the time they tell us we\u2019re getting fucked.  Otherwise, we\u2019re all leaving.  Two years in a row taking it up the ass from Uncle Peat?  No thank you.<\/p>\n<\/blockquote>\n<p>That\u2019s the word from an office in the western region.  Back east, there seems to be less concern:<\/p>\n<blockquote>\n<p>DC already [announced], or everyone already knows, at least. Anyone with the requisite number of years and their CPA was promoted but DC has been bleeding employees lately. Everyone\u2019s quitting or going on rotation at the senior and manager levels. Mostly quitting.<\/p>\n<\/blockquote>\n<p>And what about those SA3s that <em>don\u2019t<\/em> get the bump because A) they aren\u2019t particularly popular or B) don\u2019t have their CPA?  Turns out KPMG is prepared for that.  We\u2019ve learned that the firm is offering a new training this summer <em>specifically<\/em> for SA4s.  Soooo, we imagine that training could have some discussions that goes like this:<\/p>\n<p><strong>SA4 #1<\/strong>: Skipped over?<\/p>\n<p><strong>SA4 #2<\/strong>: Failed <a href=\"http:\/\/www.goingconcern.com\/2010\/04\/all-about-financial-accounting-for-the-cpa-exam\/\">FAR<\/a> three times.  You?<\/p>\n<p><strong>SA4 #1<\/strong>: Was told that I\u2019m \u201cnot quite ready\u201d (hand quotes, eye roll) and that the 4th year will better prepare me for manager.<\/p>\n<p><strong>SA4 #2<\/strong>: Sucks.<\/p>\n<p><strong>SA4 #1<\/strong>: <em>Sucks<\/em>.<\/p>\n<p><a href=\"https:\/\/www.goingconcern.com\/so-kpmg-is-a-law-firm-now\/mailto: tips@goingconcern.com\">Keep us posted<\/a> if you get the yay or nay in your office.<\/p>\n<p><strong>UPDATE<\/strong>: To answer a question in the comments, this is for the audit side of the house.  If you\u2019re tax or advisory feel free to weigh in on your own promotion possibilities.<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>While the timing seems early (Klynveld is on a 9\/30 FYE), there has been a lot of chatter about the announcement of this year\u2019s class of new managers happening this week. From a Tim Flynn foot soldier close to the situation: Heard on Monday that national was supposed to communicate yesterday or today, with communication [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":115897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[11456,51404,4524,28453,12685,51405,51406],"dealstore":[],"offerexpiration":[],"class_list":["post-115893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-arizona","tag-crazy-ideas","tag-firm","tag-kpmg","tag-law","tag-lawyers-vs-accountants","tag-of-course-they-did"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>So, KPMG Is a Law Firm Now - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=115893\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"So, KPMG Is a Law Firm Now - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"While the timing seems early (Klynveld is on a 9\/30 FYE), there has been a lot of chatter about the announcement of this year\u2019s class of new managers happening this week. 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