In the News: Crain’s Chicago Business on the Funk Pervading the Accounting Industry — And My Five-Word Quote

 

Steve Strahler reports in yesterday’s edition of Crain’s – here – that “revenues are down, margins are squeezed and many employees are unhappy” – especially at the Big Four, where the combination of recession and exposure makes for a zeitgeist of uncertainty and dissatisfaction.

For which, a tip of the hat.

And another for compressing one of my central themes into a quote of record-setting brevity, on one of the fundamental but underexplored issues threatening the viability of the large firms: “They’re not capitalized to survive.”

 

And those who persevere will see a modification of the cliché: Five words is worth a picture. 



Leave a Reply

Stay Informed

Subscribe to get new content delivered directly to your inbox.

Post Categories

Legal

Copyright © 2025 · All Rights Reserved

Discover more from Re:Balance

Subscribe now to keep reading and get access to the full archive.

Continue reading