- Ledger Lowdown
- Posts
- PwC canceled Disney
PwC canceled Disney
just added the borders
I share the 4-5 most important accounting that actually matter. I scroll so you don’t have to.
So grab your coffee, take a quick break, and lets catch up.
Today’s Ledger:
PwC killed the intern Disney trip
The $1B tax rule got messier
America’s battery boom is getting real
WTF of the Day🤯
PwC Killed The Disney Trip
PwC interns used to finish the summer with a company-paid Disney World trip after getting job offers. It was called Impact, which is a very Big Four name for “we are taking 22-year-olds to ride Space Mountain.” The firm had done it 15 times in 20 years. This year, it is dead. PwC says the money will go toward more time with coworkers, more client exposure, and more office relationships. Terrible trade.
The funny part is PwC also wants people back in the office because “culture” matters. Then it kills one of the few things interns actually thought was fun. This is the Big Four in one move. Tell young people relationships matter, remove the memorable relationship-building event.
Read the article
What’s poppin in accounting🍿
The Tax Rule Big Companies Hate
Big companies are trying to figure out a new tax bill, and the rules keep moving. The idea sounds simple: if a huge company shows more than $1 billion in profit, it should pay at least 15% in tax. But the real math is messy. The government has put out several rule updates, and now the AICPA is asking Treasury and the IRS to make the rules easier to follow.
The problem is that company profit is not one clean number. Buying another company, spending money on research, drilling for energy, owning foreign businesses, or filing taxes as a group can all change the math. EY says one new IRS notice changed the picture so much that some companies may go from owing this tax for years to owing little or nothing.
Read the article
Weekly Trend Chart 📊
The Battery Boom Is Here
America’s battery buildout is starting to look real. In 2025, utility-scale battery storage sits around 44 gigawatts. By 2031, it could hit 112. That is more than double in six years. This is why the government’s new power-plant database matters. It shows where the energy system is being rebuilt, plant by plant, generator by generator.
Solar makes power when the sun is out. Wind makes power when the wind shows up. Batteries hold some of that electricity and push it back when people actually need it. So when the data breaks out storage, solar, wind, owners, planned projects, retired plants, and construction costs, it is not trivia. It is the paper trail for one of the biggest infrastructure shifts happening in America.
GOV Database
Meme of the Day😂
the firehouse subs near me 😂