Three of the top CPA firms have a combined total of 121,147 professional working for their firm. (Source: Accounting Today, March 2017 edition).
Deloitte – 62,726
Ernst & Young – 32,900
KPMG – 25,521
How many meetings do you help pay for just one National CPA firm? I was attending a conference where the Meeting Director for one stated her department organizes over 2000 meetings a year.
- First, I find myself wondering why universities call their audit firm when confronted with a tax issue for their school. I have not resolved the inherent conflict of interest in the audit firm representing their clients in a tax issue.
- Do you really need to pay for 2000 meetings for all the other employees in their firm?
- You can become a CPA and never take a course in nonprofit tax. Many of my readers are CPA’s and confirm this.
- Why would you want to pay the exorbitant fees for a ‘Senior’ person when the younger employees are the ones doing the heavy lifting?
- There is a good chance that when they arrive at your door in response to your call for help with a tax issue, that you will be greeted by a freshly minted CPA with less than five years’ experience. How many of you started your career with a big firm, only to burn out after five years and leave?
- Unlike me, they have not worked for the IRS for 15 years and then served as a Tax Manager or Director in the Business Department at three different universities.
Got a tax problem? Give me a call. Experienced on both sides of the table. Steve@TheTaxTranslator.com